In a formal complaint to Australia’s parliament, cryptocurrency exchange Coinbase has launched a stark accusation against the nation’s banking establishment, alleging that the systematic denial of financial services to crypto and fintech firms has become “standard protocol.” The Nasdaq-listed company warns that this practice, which it claims affected up to 60% of fintech businesses in 2021, has evolved from an anomaly into a systemic threat to competition and public trust. With new licensing laws looming, Coinbase is urgently calling for the implementation of long-stalled transparency measures to curb what it describes as an “unlawful regulatory ban” on legitimate sectors of the economy.
about Coinbase Accuses Australian Banks of Systemic Debanking of Crypto FirmsANZ
0 in Finance and 0 in Crypto last weekChainlink Powers Trillions in On-Chain Finance
Chainlink is playing a pivotal role in bringing traditional finance on-chain, collaborating with giants like SWIFT, Mastercard, and J.P. Morgan. Its infrastructure supports trillions in value, facilitating cross-chain settlements and tokenized assets. Key initiatives include Project Guardian in Singapore and Project Acacia in Australia, both leveraging Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Runtime Environment (CRE) for secure transactions. With a $13B market cap and a 24% weekly surge in LINK’s price, Chainlink’s real-world utility—from AI-driven document processing to private transactions—sets it apart from competitors like Avalanche and Stellar. Financial institutions are increasingly relying on Chainlink to modernize legacy systems without overhauling them.
about Chainlink Powers Trillions in On-Chain FinanceOndo Finance Launches Tokenized US Treasury Fund on Sei
Ondo Finance has launched USDY, a tokenized note backed by short-term US Treasuries and bank deposits, marking the first such product on the Sei Network. This initiative aims to democratize access to traditional ‘safe haven’ assets by leveraging blockchain technology for fractional ownership and seamless integration into DeFi applications. The Sei Network, chosen for its rapid growth (nearly $700M TVL), provides the infrastructure for this institutional-grade yield product. The RWA market has doubled in value over the past year, with major players like Fidelity and Chainlink also exploring tokenization. Ondo’s USDY strengthens Sei’s position in on-chain finance while following their recent $470K strategic reserve purchase by World Liberty Financial.
about Ondo Finance Launches Tokenized US Treasury Fund on SeiAustralia Launches 24 Tokenized Asset Pilots with Major Banks
Australia’s financial regulator, ASIC, has approved 24 tokenized asset trials under Project Acacia, a collaboration between the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC). The pilots will involve real-money transactions using CBDCs, stablecoins, and bank deposit tokens, with participation from major institutions like ANZ, Commonwealth Bank, and Westpac, alongside fintech firms. The project aims to explore blockchain-based settlements for assets like bonds, carbon credits, and trade receivables, potentially unlocking $12.4 billion in annual economic gains. Critics, however, argue the initiative favors centralized, permissioned systems over decentralized blockchain innovation. Testing will run for six months, with results expected in early 2026.
about Australia Launches 24 Tokenized Asset Pilots with Major BanksChainlink (LINK) Stalls Amid Whale Accumulation & Retail Apathy
Chainlink (LINK) has been trading in a tight $12-$15 range due to persistent whale accumulation offsetting weak retail participation. On-chain metrics show whales withdrawing ~100,000 LINK weekly from exchanges, reducing reserves by 40% YTD, while retail activity remains flat with only 9,000 daily transactions. Despite increased oracle utility, retail failed to capitalize on late 2024’s minor activity bump. The stalemate resembles Bitcoin’s 2023 consolidation before its 2024 surge. Meanwhile, Chainlink is expanding through major partnerships, including a Mastercard collaboration enabling 3B cardholders to buy crypto directly on-chain and a Visa pilot testing cross-border CBDC transactions that reduced settlement times from days to seconds.
about Chainlink (LINK) Stalls Amid Whale Accumulation & Retail ApathyOlympusDAO Adopts Chainlink CCIP for Cross-Chain Expansion
OlympusDAO has integrated Chainlink CCIP as its primary cross-chain solution, enabling OHM transfers between Ethereum and Solana with plans to expand to networks like Arbitrum and Optimism. The upgrade, approved unanimously by the community, prioritizes security, flexibility, and developer autonomy. Chainlink CCIP’s proven real-world use cases—including tokenized treasury settlements and cross-border CBDC trials—reinforce its reliability. The Cross-Chain Token (CCT) standard ensures efficient, secure transactions while letting OlympusDAO retain control over token contracts. This follows similar CCIP adoptions by projects like BOB and e-HKD+, highlighting growing demand for interoperable DeFi infrastructure. Meanwhile, LINK’s price dipped slightly amid broader market corrections.
about OlympusDAO Adopts Chainlink CCIP for Cross-Chain ExpansionChainlink CCT Supports SuperchainERC20 for Cross-Chain Tokens
Chainlink’s Cross-Chain Token (CCT) standard has achieved compatibility with Optimism’s SuperchainERC20, marking a milestone in blockchain interoperability. The integration was showcased through Astar Network’s ASTR token, the first to utilize both standards on the Layer-2 network Soneium. Chainlink’s CCIP protocol enables secure, fee-efficient cross-chain transfers without third-party bridges. Beyond this, Chainlink Labs has joined the Global Synchronizer Foundation to advance institutional-grade blockchain infrastructure. Recent collaborations with UBS, MAS, and Hong Kong’s CBDC pilot further highlight Chainlink’s role in bridging traditional and decentralized finance. The Solana CCIP launch and LINK’s price surge (+10% weekly) underscore growing adoption.
about Chainlink CCT Supports SuperchainERC20 for Cross-Chain TokensChainlink Surpasses Ethereum in Development Activity, LINK Rallies 8%
Chainlink has emerged as a leader in crypto development, surpassing Ethereum in GitHub activity over the past month, according to Santiment data. This surge in development has fueled an 8.5% LINK price rally, with the token trading at $15.35. Chainlink’s founder, Sergey Nazarov, highlighted its role in enabling institutional-grade solutions, such as cross-chain value transfers and regulatory compliance, exemplified by a transaction involving Fidelity International and ANZ. Analysts suggest LINK could test resistance at $19 if bullish momentum continues, supported by its strong developer community and institutional collaborations like the one with the Global Synchronizer Foundation (GSF).
about Chainlink Surpasses Ethereum in Development Activity, LINK Rallies 8%Chainlink Powers Hong Kong-Australia Digital Currency Test
Hong Kong’s Phase 2 e-HKD pilot will leverage Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to facilitate instant cross-border swaps between tokenized Hong Kong dollars (e-HKD) and Australia’s A$DC stablecoin. This initiative, involving heavyweights like Visa, ANZ, and Fidelity, could revolutionize interbank settlements by reducing transaction times to seconds. Chainlink’s Digital Transfer Agent (DTA) ensures regulatory compliance, while a Payment-versus-Payment model mitigates risks. The project has already boosted Chainlink’s LINK token by 6%, reflecting market optimism about blockchain’s role in central bank digital currencies (CBDCs). However, analysts caution that crypto volatility and macroeconomic shifts could temper gains.
about Chainlink Powers Hong Kong-Australia Digital Currency TestVisa & Chainlink Test Cross-Border CBDC with HKMA
Visa and Chainlink completed a key milestone in the HKMA’s e-HKD+ Pilot Programme by testing a cross-border transaction combining CBDCs and stablecoins. The trial, involving ANZ, ChinaAMC, and Fidelity International, used Chainlink’s CCIP to bridge ANZ’s private blockchain with Ethereum’s testnet, enabling an Australian investor to swap AUD-backed stablecoins for e-HKD and purchase a tokenized money market fund. The process achieved near-instant settlement, eliminating traditional delays. Visa’s VTAP facilitated digital money movement, while Chainlink ensured compliance and security via smart contracts. The pilot highlights how blockchain can streamline cross-border investments, reduce intermediaries, and operate 24/7. With tokenized assets projected to surpass $2 trillion by 2030, the HKMA’s initiative sets groundwork for scalable digital finance. The next phase will evaluate performance and regulatory implications for CBDCs and stablecoins in global markets.
about Visa & Chainlink Test Cross-Border CBDC with HKMABaby Boomers Fuel Crypto Growth Despite Skepticism
A recent survey by Australian exchange CoinSpot reveals that Baby Boomers are the fastest-growing demographic in crypto, with their numbers doubling in just one year. Although they represent only 4.4% of crypto investors, their substantial retirement savings give them an outsized market influence. Financial experts like former ANZ banker Rod Tasker note that boomer investors tend to be highly sophisticated, often diversifying across traditional assets like property and stocks before venturing into crypto. Their cautious yet strategic approach highlights a shift in generational investment trends.
about Baby Boomers Fuel Crypto Growth Despite SkepticismChainlink Expands Utility Beyond Web3 with 77+ Use Cases
Chainlink is rapidly expanding its decentralized oracle network beyond Web3, with over 77 documented use cases across industries like capital markets, NFTs, and supply chain. A key development is its integration with SWIFT via the Cross-Chain Interoperability Protocol (CCIP), allowing institutions like BNY Mellon and Citi to transfer tokenized assets across blockchains without backend overhauls. Chainlink’s node network aggregates external data for smart contracts, enabling functions like asset tokenization and automated settlements. The platform also addresses payment challenges by connecting smart contracts to traditional banking systems and introducing payment abstraction to convert fees to LINK automatically. These innovations position Chainlink as critical infrastructure bridging decentralized and traditional finance.
about Chainlink Expands Utility Beyond Web3 with 77+ Use Cases