Visa and other institutions complete pilot of Chainlink cross-border settlement solution

Techub News reports that Visa, ANZ Bank, China Asset Management, and Fidelity International have completed a cross-border settlement solution based on Chainlink. Under the Hong Kong Monetary Authority's e-HKD initiative, Chainlink enables the secure transfer of regulated assets through automated compliance and atomic settlement. Chainlink's Digital Transfer Agency technical standard automatically issues tokenized fund units, while utilizing Chainlink's data standard to obtain on-chain NAV data for near real-time settlement. Chainlink CCIP supports secure messaging and e-HKD value transfer across jurisdictions and blockchains; Chainlink's automated compliance engine verifies cross-network identity credentials in real-time.