Chainlink Powers Cross-Border CBDC-Stablecoin Pilo

Chainlink (LINK) played a pivotal role in a successful pilot program that facilitated the exchange of two central bank digital currencies (CBDCs).

The pilot involved the Hong Kong digital dollar (e-HKD) and an Australian stablecoin. It was part of Phase 2 of the e-HKD+ Pilot Program, initiated by the Hong Kong Monetary Authority.

Chainlink’s Cross-Chain Interoperability Protocol enabled seamless transactions. It showcases how smart contract technology can bridge traditional finance and the decentralized finance ecosystem