Chainlink's LINK Token Surges 5% After Bottomline Partnership

Chainlink's LINK token rose approximately 5% after announcing a partnership with fintech firm Bottomline to facilitate cross-chain, cross-border payments for over 600 banks.

The integration allows banks to use familiar SWIFT messaging standards while settling payments on the blockchain, making it a convenient option for existing systems.

Additionally, Chainlink Data Feeds launched on the Tempo stablecoin payments blockchain, providing reliable market price data for various financial applications.

This integration enables developers to automate collateral valuation and exchange-rate comparisons, among other tasks.