Chainlink Teams Up with Bottomline to Bring Blockchain Payments to Over 600 Banks
Bottomline, one of the top three Swift service providers, has partnered with Chainlink to connect its $16 trillion annual payments network with public and private blockchains.
The partnership will allow over 600 bank customers to access on-chain payment rails while continuing to use familiar ISO 20022 messaging.
Chainlink's Cross-Chain Interoperability Protocol (CCIP) will handle communication and transfers of tokenized value across supported blockchain networks, while Chainlink Runtime Environment (CRE) will coordinate payment workflows between existing banking systems and blockchain networks.