Hassan Maishera
On Monday, the Chainlink team announced via X that Chainlink is facilitating the secure exchange of a Hong Kong CBDC and an Australian dollar stablecoin. This is part of an ongoing use case in Phase 2 of the e-HKD+ Pilot Program.
The use case explores cross-border transactions between new forms of digital money and a tokenized money market fund (MMF). The Pilot Participants will test how Australia-based investors can purchase tokenized fund units from Hong Kong asset managers using either e-HKD, or tokenized deposits
The participants in this pilot phase include Visa, Fidelity, ANZ, and China AMC.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 5.7% over the past 24 hours, trading at $14.38 at press time.
