Visa and Chainlink have successfully tested a cross-border blockchain transaction using Hong Kong’s e-HKD and stablecoins under the HKMA’s pilot program. The trial demonstrated programmable money for tokenized asset investments, achieving near-instant settlement. This marks a significant step in modernizing global capital markets with digital infrastructure.
- The trial demonstrated near-instant cross-border settlement using e-HKD and stablecoins, reducing traditional 2–3 day delays.
- Chainlink’s CCIP enabled interoperability between ANZ’s private blockchain and Ethereum’s public testnet for seamless transactions.
- The pilot tested ERC-20 and ERC-3643 token standards, emphasizing regulatory compliance and security for future digital asset frameworks.
📎 Related coverage from: cryptoslate.com
