#ChainlinkPowersBottomlinePaymentPlatform
šš¦ CHAINLINK POWERS BOTTOMLINEāS ON-CHAIN PAYMENT PLATFORM
Chainlink and payments provider Bottomline have launched Global Pay Connect, a platform designed to help financial institutions connect existing payment infrastructure with blockchain-based payment networks.
š KEY DEVELOPMENTS:
ā¢ Global Pay Connect targets 600+ banks
ā¢ Bottomline has entered a Strategic Collaboration Agreement with Chainlink
ā¢ Chainlinkās CCIP helps connect payment infrastructure with blockchain networks
ā¢ Chainlink CRE supports coordination of on-chain and off-chain payment workflows
ā¢ Banks can access emerging blockchain payment rails through existing infrastructure
ā¢ Bottomline processes more than $16 trillion in payments annually
š WHY IT MATTERS:
The collaboration could make it easier for traditional financial institutions to interact with on-chain payment networks without rebuilding their existing payment infrastructure.
š MARKET IMPACT:
This is a positive development for Chainlinkās institutional adoption and blockchain-payment utility. However, the partnership does not guarantee a rise in LINKās price, and the direct token-price impact remains uncertain.
$ARB
$NEAR
$INJ
šš¦ CHAINLINK POWERS BOTTOMLINEāS ON-CHAIN PAYMENT PLATFORM
Chainlink and payments provider Bottomline have launched Global Pay Connect, a platform designed to help financial institutions connect existing payment infrastructure with blockchain-based payment networks.
š KEY DEVELOPMENTS:
ā¢ Global Pay Connect targets 600+ banks
ā¢ Bottomline has entered a Strategic Collaboration Agreement with Chainlink
ā¢ Chainlinkās CCIP helps connect payment infrastructure with blockchain networks
ā¢ Chainlink CRE supports coordination of on-chain and off-chain payment workflows
ā¢ Banks can access emerging blockchain payment rails through existing infrastructure
ā¢ Bottomline processes more than $16 trillion in payments annually
š WHY IT MATTERS:
The collaboration could make it easier for traditional financial institutions to interact with on-chain payment networks without rebuilding their existing payment infrastructure.
š MARKET IMPACT:
This is a positive development for Chainlinkās institutional adoption and blockchain-payment utility. However, the partnership does not guarantee a rise in LINKās price, and the direct token-price impact remains uncertain.
$ARB
$NEAR
$INJ
