Tuesday, July 1, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Hong Kong Taps Chainlink to Bridge CBDC Across Blockchains

10 June 2025
in Altcoin
Reading Time: 3 mins read
0 0
A A
0
Home Altcoin
Share on FacebookShare on Twitter


Loved this text?

Share it with your folks!

Hong Kong is coming into the second stage of its central financial institution digital forex (CBDC) trials through the use of Chainlink’s


LINK

$15.17

Cross-Chain Interoperability Protocol (CCIP).

The aim is to check how digital belongings might be transferred between totally different blockchain programs, each private and non-private, and the way funds might be settled utilizing varied kinds of digital forex.

One situation used within the check includes an Australian investor. The investor needs to buy a tokenized product listed on the Hong Kong change. They ship a stablecoin linked to the Australian greenback.

Do you know?

Need to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer movies each week!

What’s SushiSwap? DEX & Sushi Token Animated Explainer

What is SushiSwap? DEX & Sushi Token Animated Explainer
What is SushiSwap? DEX & Sushi Token Animated Explainer

The fee travels via a number of blockchains earlier than reaching the vendor, who receives Hong Kong’s trial digital forex, the e-HKD. The bought asset is then delivered to the customer’s pockets.

To attach the assorted programs, the check will use Chainlink’s CCIP, which permits totally different blockchains to share knowledge and course of transactions collectively. Chainlink said that CCIP is already operational throughout a number of blockchains, together with these constructed for Ethereum


ETH

$2,742.34

and Solana


SOL

$159.76

.

For this research, the Ethereum Sepolia check community will likely be used.

A number of companions are concerned within the trial. Visa is dealing with the know-how aspect. The Australia and New Zealand Banking Group (ANZ) helps the stablecoin switch. Asset managers ChinaAMC and Constancy Worldwide are additionally collaborating.

In the meantime, Uber, a ridesharing firm, lately introduced that it’s exploring the usage of stablecoins on its platform. What’s the aim? Learn the total story.

Aaron S. Editor-In-Chief

Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Warfare II period.With near a decade of expertise within the FinTech trade, Aaron understands all the largest points and struggles that crypto lovers face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to individual for all the pieces and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the house as we all know it, and make it extra approachable to finish newcomers.Aaron has been quoted by a number of established shops, and is a printed writer himself. Even throughout his free time, he enjoys researching the market developments, and searching for the subsequent supernova.



Source link

Tags: blockchainsbridgeCBDCChainlinkHongKongTaps
Previous Post

Prosecution of gallerist under UK’s Terrorism Act should serve as ‘warning to all art dealers’, says Metropolitan Police

Next Post

Russian crypto CEO charged in $530M laundering scheme tied to US sanctions – CoinJournal

Related Posts

Circle Proposed to Launch Federally Regulated Trust Bank
Altcoin

Circle Proposed to Launch Federally Regulated Trust Bank

1 July 2025
Solana Rival SUI Gearing Up for Major Outperformance Following Correction, According to Real Vision CEO Raoul Pal – The Daily Hodl
Altcoin

Solana Rival SUI Gearing Up for Major Outperformance Following Correction, According to Real Vision CEO Raoul Pal – The Daily Hodl

30 June 2025
Alex Gladstein: Bitcoin Helps Bypass Government Control
Altcoin

Alex Gladstein: Bitcoin Helps Bypass Government Control

30 June 2025
Crypto Strategist Unveils Bitcoin Path to New All-Time High Next Month, Says Plenty of Liquidity To Trigger Run for Altcoins – The Daily Hodl
Altcoin

Crypto Strategist Unveils Bitcoin Path to New All-Time High Next Month, Says Plenty of Liquidity To Trigger Run for Altcoins – The Daily Hodl

29 June 2025
‘Bitmama’ Jailed for $23M Bitcoin Scam That Lasted 60 Days
Altcoin

‘Bitmama’ Jailed for $23M Bitcoin Scam That Lasted 60 Days

28 June 2025
Financial Giant JPMorgan To Launch USD-Backed Deposit Token on Base As Coinbase’s Layer-2 Scaler Rolls Out Support for Cardano and Litecoin – The Daily Hodl
Altcoin

Financial Giant JPMorgan To Launch USD-Backed Deposit Token on Base As Coinbase’s Layer-2 Scaler Rolls Out Support for Cardano and Litecoin – The Daily Hodl

28 June 2025
Next Post
Russian crypto CEO charged in $530M laundering scheme tied to US sanctions – CoinJournal

Russian crypto CEO charged in $530M laundering scheme tied to US sanctions - CoinJournal

Moonfrost To Mint OG Mystery Box NFTs on June 12

Moonfrost To Mint OG Mystery Box NFTs on June 12

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

28 June 2025
솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

24 June 2025
$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

16 June 2025
Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

7 June 2025
Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

23 June 2025
Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

28 June 2025
Circle Proposed to Launch Federally Regulated Trust Bank

Circle Proposed to Launch Federally Regulated Trust Bank

1 July 2025
Supreme Court Rejects Crypto Privacy Case Against IRS

Supreme Court Rejects Crypto Privacy Case Against IRS

1 July 2025
Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings

Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings

1 July 2025
Cardano (ADA) Sideways — Support Intact, But No Spark for a Move Yet

Cardano (ADA) Sideways — Support Intact, But No Spark for a Move Yet

1 July 2025
Exa Innovates with Multi-Agent Web Research System Using LangGraph

Exa Innovates with Multi-Agent Web Research System Using LangGraph

1 July 2025
Europol Busts $540 Million Crypto Laundering Network

Europol Busts $540 Million Crypto Laundering Network

1 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$106,683.00-0.91%
  • ethereumEthereum(ETH)$2,456.18-0.66%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.211.06%
  • binancecoinBNB(BNB)$653.07-0.17%
  • solanaSolana(SOL)$148.87-0.94%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2790390.56%
  • dogecoinDogecoin(DOGE)$0.161132-2.79%
  • staked-etherLido Staked Ether(STETH)$2,455.30-0.67%