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Home›Crypto›Altcoins›Chainlink rises after Bottomline links banks to blockc…

Chainlink rises after Bottomline links banks to blockchain settlement

Chainlink partner Bottomline is using the network to connect 600-plus banks to blockchain settlement, and LINK hit an eight-month high.

Reported · Written up by our desk · Altcoins

Decrypt reports that Chainlink gained momentum as LINK rallied to an eight-month high while Bitcoin started the week flat.

The outlet attributes Chainlink's move to Bottomline, a top SWIFT services provider, which is tapping Chainlink to connect 600-plus banks to blockchain settlement.

Bottomline handles payments for a volume of around $16 trillion a year, and Decrypt says the Chainlink integration is aimed at improving how banks settle transactions using blockchain technology.

Latest closeBitcoin $79,153.04 ▼1.5%

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Sources

DecryptBitcoin Starts the Week Flat, But Chainlink Is Flying,Here's Why

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