Chainlink is having a breakout week, with LINK surging nearly 7% to trade around $11.95 on September 4, its highest level in months. The move follows a major partnership announcement: Bottomline, a top-three SWIFT service provider handling more than $16 trillion in annual payments, is integrating Chainlink's infrastructure to connect its 600-plus bank customers and 1,200 financial institutions to cross-chain, cross-border settlement. Banks can now trigger on-chain transactions using their existing ISO 20022 messaging standards, without rebuilding core banking systems, through Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Runtime Environment (CRE). This adds to Chainlink's growing institutional footprint — Circle's Arc mainnet is set to launch September 16 with Chainlink as its official oracle partner, while Charles Schwab recently added LINK to its retail crypto platform.
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