Visa, ANZ Bank, China Asset Management, and Fidelity International have completed a cross-border settlement solution based on Chainlink

LINK1,36%

Foresight News reports that Visa, ANZ Bank, China Asset Management, and Fidelity International have completed a cross-border settlement solution based on Chainlink. Under the Hong Kong Monetary Authority’s e-HKD program, Chainlink enables the secure transfer of regulated assets through automated compliance and atomic settlement.

The official stated that Chainlink’s Digital Transfer Agent (DTA) technical standard can automatically issue tokenized fund units, while utilizing Chainlink data standards to obtain on-chain NAV data for near real-time settlement; Chainlink CCIP supports secure messaging and e-HKD value transfer across jurisdictions and blockchains; Chainlink’s Automated Compliance Engine (ACE) can verify cross-network identities in real time.

Foresight News previously reported that Chainlink tweeted that it is participating in a pilot use case for Hong Kong’s CBDC and Australian dollar stablecoin exchange. This is part of the second phase of the e-HKD+ pilot program, with participants including Visa, ANZ Bank, China Asset Management, and Fidelity International.

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