chainlink

SWIFT service provider Bottomline announced a collaboration with the blockchain infrastructure project Chainlink to enable over 600 bank clients in its network to access blockchain-based cross-border settlements. Bottomline processes over $16 trillion in payments annually and serves 1,200 financial institutions and 10,000 enterprises.Through this integration, banks can continue to use the ISO 20022 standard to send payment instructions, with Chainlink's infrastructure connecting the instructions to blockchain settlements. Chainlink's Cross-Chain Interoperability Protocol (CCIP) supports the transfer of tokenized value across different blockchain networks, while Chainlink's Runtime Environment (CRE) is responsible for payment processes, transaction routing, and operational change coordination.CCIP has been recording mainnet activity since July 2023 and is currently connected to over 60 blockchain networks. Chainlink's Project Pangea has covered more than 50 banking institutions in Europe and South Korea, with participants managing assets totaling over $10 trillion, and the project's goals include achieving T+0 settlement for foreign exchange transactions.

On September 2, the Wyoming Stable Token Committee announced the adoption of Chainlink Proof of Reserve as the exclusive on-chain reserve verification layer for the Frontier Stable Token (FRNT), with reserves and supply balances audited by The Network Firm published to on-chain readable feeds. The current scale available for verification is not large: according to CoinGecko data, the total supply of FRNT is 967,900 tokens, with a unit price of approximately $0.99884, which only accounts for about 0.2% of the base scenario estimate (508.7 million tokens) submitted by the committee to the state legislature's budget meeting materials; the 24-hour trading volume is $160, all occurring on Kraken.The announcement separates the two products, with only Proof of Reserve currently online. The Proof of Reserve Secure Mint component, which programmatically prevents minting when reserves cannot cover total supply, is said by the committee to still be in the "adoption process." The committee previously published daily proofs on its official website, and this adjustment changes the method of data delivery rather than the update frequency. Committee Executive Director Anthony Apollo stated that adopting Chainlink's reserve proof provides transparent and verifiable confirmation that FRNT is fully backed by high-quality reserve assets; Chainlink Labs Chief Business Officer Johann Eid remarked that this demonstrates that governments can utilize the Chainlink platform to put trustworthy, fully verifiable on-chain financial infrastructure into production.

According to The Block, the Wyoming Stablecoin Committee announced the adoption of Chainlink Proof of Reserve to provide near real-time on-chain reserve verification for the state’s official stablecoin, Frontier Stable Token (FRNT). This follows the migration of cross-chain infrastructure from LayerZero to Chainlink CCIP, further establishing it as the sole on-chain asset verification infrastructure.The auditing firm The Network Firm will review the reserves and token supply of FRNT according to the standards of the American Institute of Certified Public Accountants (AICPA). The verification data will be recorded on-chain via Chainlink, reducing information gaps between reporting periods.The committee will also introduce the Chainlink Proof of Reserve Secure Mint mechanism, requiring that verified reserves must be no less than the total supply of FRNT for any minting to occur, in order to prevent risks associated with "unlimited minting." FRNT is fully backed by reserves of U.S. dollars and short-term U.S. Treasury securities, with related earnings used to diversify state finances and support local education funds.

According to Cointelegraph, the U.S. Department of Commerce has officially adopted Chainlink to publish core macroeconomic data on-chain, covering key indicators such as actual GDP, PCE price index, and real final sales of private domestic purchasers, marking the first deep integration of traditional government data with blockchain infrastructure.

Financial services giant Charles Schwab announced on Thursday that it plans to add Solana, Avalanche, and Chainlink to its cryptocurrency trading platform in the coming months, further expanding beyond Bitcoin and Ethereum, but did not provide specific launch dates. This addition comes about three months after Charles Schwab introduced direct trading of Bitcoin and Ethereum to some retail clients, who previously could only gain exposure to cryptocurrencies through exchange-traded products and stocks of companies like Coinbase and Strategy, without the ability to directly purchase cryptocurrencies.Joe Vietri, head of digital assets at Charles Schwab, stated that this expansion will provide clients with more options for digital asset allocation. Solana focuses on fast, low-cost transactions, Avalanche supports businesses and developers in creating custom blockchains, and Chainlink connects blockchains with external information, providing data such as asset prices for smart contracts. Clients can buy and sell these cryptocurrencies on the official website, mobile app, and thinkorswim platform, with a fee of 75 basis points (0.75%) per transaction.

According to OnchainLens monitoring, Chainlink added 92,000 LINK to its strategic reserves yesterday, worth approximately $1.1 million.In the past 30 days, the reserves have cumulatively increased by 598,300 LINK, worth approximately $5.62 million; the current total holdings are 5.67 million LINK, worth approximately $66.44 million.

Charles Schwab announced plans to add trading services for Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to its Schwab Crypto platform in the coming months.Schwab Crypto began offering clients direct trading in Bitcoin and Ethereum in May 2026. Charles Schwab stated that it will continue to gradually add more cryptocurrencies and digital assets.

According to Cryptonomist, Animoca Brands and the RWA platform NUVA supported by Nuva Labs announced the adoption of Chainlink as its exclusive data infrastructure to provide tamper-proof valuation data for tokenized housing-related assets. The related asset base is approximately $19 billion, with the underlying sourced from Figure Technologies' Provenance Blockchain.The report states that NUVA will launch on Ethereum in May 2026, positioning itself as a cross-chain vault market, providing institutional-grade real estate credit exposure to retail users. Its products include nvYLDS (yield-bearing vault tokens linked to short-term U.S. Treasury yields) and nvPRIME (tokenized private credit vaults tracking the performance of real estate-backed credit such as Home Equity Lines of Credit - HELOC). Chainlink will initially provide pricing support for nvPRIME, used for collateral valuation, lending parameter setting, and liquidation threshold calculations.

On August 21, Sergey Nazarov, co-founder and CEO of Chainlink, stated at the first meeting of the U.S. CFTC Innovation Advisory Committee that he appreciates the CFTC and SEC finally beginning to cooperate efficiently and constructively, rather than publicly conflicting as before. He believes this alone has significantly enhanced the reputation and trust of the U.S. financial markets and helps to form a unified regulatory vision, avoiding the past multiple conflicting rules that hinder innovation.Nazarov pointed out that regulatory fragmentation has incurred serious costs. Chainlink provides data, cross-chain infrastructure, and more for thousands of applications, supporting most of the DeFi ecosystem. Over the past seven years, he has witnessed hundreds of developers choose to leave the U.S. due to uncertainty, no longer building high-quality applications in the U.S. or serving American consumers, which is a huge loss for the U.S. financial system and consumers.He emphasized that the next trend is clear: tokenization of equity will release a large amount of on-chain value. The U.S. stock market currently accounts for about 60% of the global equity market value and flow. If the global financial system accelerates on-chain, the U.S. must advance on-chain at an equal or even faster pace to maintain this dominant position; otherwise, innovation and market advantages may be lost.

According to The Block, Ethereum ecosystem core contributor Nethermind announced that after a "comprehensive review," it will exit the LayerZero decentralized validation network (DVN) business and migrate its cross-chain infrastructure to the Chainlink network. Nethermind stated that it has ceased operations of LayerZero's DVN and joined the Chainlink network as a node operator and strategic technology provider.In the future, Nethermind will provide engineering tools, infrastructure services, and integration support for blockchain application developers. It is reported that this shift occurred after the LayerZero ecosystem experienced a security incident. In April of this year, the rsETH cross-chain bridge of Kelp DAO was attacked, resulting in a loss of approximately 116,500 rsETH, valued at about $292 million at the time. Following this incident, several companies have begun to shift their cross-chain operations from LayerZero to Chainlink. However, Nethermind did not explicitly state whether this migration is directly related to the Kelp DAO incident, nor did it disclose any specific technical issues with LayerZero or changes in commercial terms between the two parties.

The Wyoming Stablecoin Committee has migrated its issued Frontier Stable Token (FRNT) from LayerZero to Chainlink's cross-chain interoperability protocol CCIP, and will completely discontinue the LayerZero token implementation after completing a comprehensive security review. CCIP will serve as the sole cross-chain infrastructure for FRNT under a multi-year contract. This is the first time a U.S. government entity has publicly changed blockchain infrastructure for security reasons, and FRNT is currently the only stablecoin issued by a U.S. public institution, fully backed by fiat reserves, with reserve earnings used to support the state's school foundation projects. The token has been deployed on chains such as Ethereum, Base, and Avalanche, with a current market cap of less than $1 million.This decision was announced four months after the Kelp DAO bridge based on LayerZero was attacked, resulting in the theft of approximately 116,500 rsETH (worth about $292 million at the time), an incident that triggered a wave of industry security reviews and migrations. To date, nearly $15 billion in related assets have migrated from LayerZero to Chainlink, with early movers including Kelp, Solv Protocol, Re, and Kraken. Subsequently, BitGo chose CCIP and completed a migration of approximately $7.7 billion in wrapped Bitcoin, bringing the total to the current level. According to a case study by LayerZero in January of this year, Wyoming had previously operated its own decentralized validation network and controlled validation and compliance functions.

According to on-chain analyst Onchain Lens, Kanye West's YZY token will experience the largest unlock, with an unlock amount of 120.83 million YZY (approximately 35.26 million USD), accounting for 12.08% of the total supply of 1 billion tokens.

According to monitoring by Onchain Lens, Chainlink has once again completed a LINK buyback operation, purchasing 127,740 LINK, worth approximately 1.12 million USD, and transferring the tokens to the reserve wallet.Data shows that Chainlink Reserve currently holds approximately 5.48 million LINK, valued at around 48.5 million USD, with an average purchase cost of 11.14 USD per LINK.

According to SoSoValue data, the cryptocurrency market sector showed mixed results, with the DeFi sector performing prominently, rising by 1.04%. Among them, Hyperliquid (HYPE) rose by 1.74%, and Chainlink (LINK) rose by 2.42%. The Meme sector increased by 0.7% in 24 hours, with Fartcoin (FARTCOIN) rising by 9.04% and Pump.fun (PUMP) rising by 8.76%.In other sectors, the PayFi sector rose by 0.4%, with eCash (XEC) increasing by 1.56%. The Layer1 sector rose by 0.2%, with Cosmos Hub (ATOM) increasing by 8.71%. Additionally, the CeFi sector fell by 0.07%, but Cronos (CRO) remained relatively strong, rising by 1.07%. The Layer2 sector decreased by 0.97%, while Optimism (OP) rose by 4.11%. The cryptocurrency sector index reflecting historical market trends shows that the ssiAI, ssiDeFi, and ssiMeme indices rose by 1.93%, 1.29%, and 1.28%, respectively.

According to Santiment data, Chainlink (LINK) whale activity has significantly increased, with 246 large transactions of over $100,000 in LINK occurring within 24 hours, marking the highest single-day level in five months. Meanwhile, wallets holding between 100,000 and 10 million LINK currently hold approximately 466.3 million LINK in total, accounting for 46.57% of the total supply, indicating that this round of whale activity is accompanied by a balance increase.Santiment points out that Chainlink is continuously expanding in areas such as CCIP, tokenized assets, stablecoins, institutional data, and new cross-chain channels, with official metrics still positioning the network as the core oracle infrastructure for on-chain finance.

Standard Chartered Bank set a target price of $200 for the Chainlink token LINK by the end of 2030, indicating significant upside potential from the current level of around $8.The bank believes that the development of asset tokenization will continue to increase the demand for reliable on-chain data, and Chainlink is expected to play a key role in the infrastructure of traditional finance and decentralized finance.

According to Onchain Lens monitoring, Chainlink repurchased 139,956.08 LINK, worth approximately 1.13 million USD, and transferred the tokens to its reserve wallet.This batch of LINK was accumulated through multiple exchanges on CoWSwap, then consolidated and sent to its reserve wallet. Chainlink's reserves currently hold 5.35 million LINK, worth approximately 43.9 million USD, with an average acquisition cost of 11.19 USD per LINK.

According to CoinDesk, cryptocurrency infrastructure company BitGo will replace LayerZero with Chainlink CCIP as the exclusive cross-chain service provider for $7.3 billion WBTC.After the $292 million cross-chain bridge exploit incident at Kelp, multiple projects announced their migration from LayerZero to Chainlink, with a disclosed total migration scale reaching $14.5 billion. BitGo will use CCIP for future assets while retaining control over token contracts, rate limits, and transfer settings.

Bitget announced a comprehensive upgrade to its BGBTC, adding daily coin-based earnings, large-scale rapid redemption, and institutional-level risk management. This upgrade also introduces an independent Curator mechanism, with the DeFi risk management agency Gauntlet responsible for supervising the underlying earnings strategy and risk management, adding independent strategy reviews beyond asset custody to strengthen portfolio monitoring, risk control, and long-term earnings sustainability. Currently, BGBTC supports the deployment of earnings strategies on the Morph chain, further expanding multi-chain earnings channels and application scenarios.At the infrastructure level, Bitget uses Chainlink CCIP as the official cross-chain solution for BGBTC and continues the Chainlink Proof of Reserve program, providing real-time transparency and verifiable reserve guarantees for its 1:1 pegged Bitcoin. The upgraded BGBTC can still be used for contract margins, loan collateral, and participation in Launchpool and PoolX while obtaining earnings, further enhancing capital efficiency while retaining asset liquidity.