Banco Inter and Chainlink Enable Real-Time CBDC Settlements Between Brazil and Hong Kong

Banco Inter, a leading Brazilian digital bank, has partnered with Chainlink to facilitate real-time cross-border CBDC trade settlements between Brazil and Hong Kong. This groundbreaking collaboration leverages Chainlink's decentralized oracle network to enable instant settlement of transactions using central bank digital currencies. The integration marks a significant milestone in international financial infrastructure, demonstrating the practical application of blockchain technology for global CBDC interoperability. This development could potentially revolutionize cross-border payments by reducing settlement times from days to seconds while enhancing transparency and security in international trade transactions between major economic hubs.