Chainlink ACE is about to change how global commerce and remittance work forever. With its recent live deployment, what began as an ambitious vision to connect fragmented financial systems is now powering real-world money movement on a previously unimaginable scale. Picture this: Brazil’s Central Bank digital currency can now settle directly with the Hong Kong Monetary Authority, opening the door for Banco Inter’s staggering 40 million user base to send funds to Standard Chartered Bank in seconds instead of wrangling with the archaic, five-day-long waits of the legacy SWIFT system. The numbers behind this transformation are huge. The Brazilian remittance corridor alone is an $8.5 billion market, historically routed through expensive and time-consuming intermediaries that siphoned off 3–7% per transaction. Chainlink’s new ACE settlement rails obliterate those costs, slashing them to under 0.5%. For millions of Brazilian workers who send money home or for businesses transacting with partners in Hong Kong, this isn’t just an incremental improvement. It’s a foundational change in how value moves, one where instant finality and rock-bottom fees become the new norm. This isn’t just about cheaper payments. With Hong Kong’s $13.5 trillion trade finance sector now just a few API calls away from seamless settlement using digital currencies, the knock-on effects will ripple across multiple industries. The ability for exporters, importers, and banks to get paid, unlock letters of credit, or finance invoices within seconds creates a whole new engine for global trade growth. Suddenly, the cash locked up in days-long float or hidden behind inefficient FX processes gets unleashed, fueling liquidity and unlocking business models that could never function under the old regime. What makes this breakthrough truly revolutionary is that it isn’t a test, a prototype, or a sandboxed “pilot” experiment. It’s live, it’s compliant, and it’s integrated directly into the working infrastructures of some of the world’s biggest banks and commerce networks. This is the shift from proof-of-concept to production-grade rails for international finance. The collaboration between Banco Inter and Standard Chartered isn’t just symbolic, it is the first step toward disintermediating legacy gatekeepers and proving that chains like Chainlink can be trusted by the most risk-averse and highly regulated institutions. For fintech leaders and market watchers, the implications are staggering. The velocity of money across continents is no longer throttled by bureaucracy or gouged by inefficiency. Every new rail built using Chainlink ACE means instant, low-cost connectivity for millions. As more central banks, commercial banks, and trade finance networks plug into this web, expect a snowball effect that forces the old financial guard to adapt or fade. Chainlink’s role at the foundation of this new system signals the start of the fast money era, where clicks replace paperwork and cross-border transfer becomes as easy as sending an email. The global payments world has officially crossed the Rubicon and there’s no turning back. Chainlink ACE Unleashed: The CBDC Breakthrough Turning Brazil-Hong Kong Transfers Into Instant Cash was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this storyChainlink ACE is about to change how global commerce and remittance work forever. With its recent live deployment, what began as an ambitious vision to connect fragmented financial systems is now powering real-world money movement on a previously unimaginable scale. Picture this: Brazil’s Central Bank digital currency can now settle directly with the Hong Kong Monetary Authority, opening the door for Banco Inter’s staggering 40 million user base to send funds to Standard Chartered Bank in seconds instead of wrangling with the archaic, five-day-long waits of the legacy SWIFT system. The numbers behind this transformation are huge. The Brazilian remittance corridor alone is an $8.5 billion market, historically routed through expensive and time-consuming intermediaries that siphoned off 3–7% per transaction. Chainlink’s new ACE settlement rails obliterate those costs, slashing them to under 0.5%. For millions of Brazilian workers who send money home or for businesses transacting with partners in Hong Kong, this isn’t just an incremental improvement. It’s a foundational change in how value moves, one where instant finality and rock-bottom fees become the new norm. This isn’t just about cheaper payments. With Hong Kong’s $13.5 trillion trade finance sector now just a few API calls away from seamless settlement using digital currencies, the knock-on effects will ripple across multiple industries. The ability for exporters, importers, and banks to get paid, unlock letters of credit, or finance invoices within seconds creates a whole new engine for global trade growth. Suddenly, the cash locked up in days-long float or hidden behind inefficient FX processes gets unleashed, fueling liquidity and unlocking business models that could never function under the old regime. What makes this breakthrough truly revolutionary is that it isn’t a test, a prototype, or a sandboxed “pilot” experiment. It’s live, it’s compliant, and it’s integrated directly into the working infrastructures of some of the world’s biggest banks and commerce networks. This is the shift from proof-of-concept to production-grade rails for international finance. The collaboration between Banco Inter and Standard Chartered isn’t just symbolic, it is the first step toward disintermediating legacy gatekeepers and proving that chains like Chainlink can be trusted by the most risk-averse and highly regulated institutions. For fintech leaders and market watchers, the implications are staggering. The velocity of money across continents is no longer throttled by bureaucracy or gouged by inefficiency. Every new rail built using Chainlink ACE means instant, low-cost connectivity for millions. As more central banks, commercial banks, and trade finance networks plug into this web, expect a snowball effect that forces the old financial guard to adapt or fade. Chainlink’s role at the foundation of this new system signals the start of the fast money era, where clicks replace paperwork and cross-border transfer becomes as easy as sending an email. The global payments world has officially crossed the Rubicon and there’s no turning back. Chainlink ACE Unleashed: The CBDC Breakthrough Turning Brazil-Hong Kong Transfers Into Instant Cash was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story

Chainlink ACE Unleashed: The CBDC Breakthrough Turning Brazil-Hong Kong Transfers Into Instant Cash

2025/11/05 13:53

Chainlink ACE is about to change how global commerce and remittance work forever. With its recent live deployment, what began as an ambitious vision to connect fragmented financial systems is now powering real-world money movement on a previously unimaginable scale. Picture this: Brazil’s Central Bank digital currency can now settle directly with the Hong Kong Monetary Authority, opening the door for Banco Inter’s staggering 40 million user base to send funds to Standard Chartered Bank in seconds instead of wrangling with the archaic, five-day-long waits of the legacy SWIFT system.

The numbers behind this transformation are huge. The Brazilian remittance corridor alone is an $8.5 billion market, historically routed through expensive and time-consuming intermediaries that siphoned off 3–7% per transaction. Chainlink’s new ACE settlement rails obliterate those costs, slashing them to under 0.5%. For millions of Brazilian workers who send money home or for businesses transacting with partners in Hong Kong, this isn’t just an incremental improvement. It’s a foundational change in how value moves, one where instant finality and rock-bottom fees become the new norm.

This isn’t just about cheaper payments. With Hong Kong’s $13.5 trillion trade finance sector now just a few API calls away from seamless settlement using digital currencies, the knock-on effects will ripple across multiple industries. The ability for exporters, importers, and banks to get paid, unlock letters of credit, or finance invoices within seconds creates a whole new engine for global trade growth. Suddenly, the cash locked up in days-long float or hidden behind inefficient FX processes gets unleashed, fueling liquidity and unlocking business models that could never function under the old regime.

What makes this breakthrough truly revolutionary is that it isn’t a test, a prototype, or a sandboxed “pilot” experiment. It’s live, it’s compliant, and it’s integrated directly into the working infrastructures of some of the world’s biggest banks and commerce networks. This is the shift from proof-of-concept to production-grade rails for international finance. The collaboration between Banco Inter and Standard Chartered isn’t just symbolic, it is the first step toward disintermediating legacy gatekeepers and proving that chains like Chainlink can be trusted by the most risk-averse and highly regulated institutions.

For fintech leaders and market watchers, the implications are staggering. The velocity of money across continents is no longer throttled by bureaucracy or gouged by inefficiency. Every new rail built using Chainlink ACE means instant, low-cost connectivity for millions. As more central banks, commercial banks, and trade finance networks plug into this web, expect a snowball effect that forces the old financial guard to adapt or fade. Chainlink’s role at the foundation of this new system signals the start of the fast money era, where clicks replace paperwork and cross-border transfer becomes as easy as sending an email. The global payments world has officially crossed the Rubicon and there’s no turning back.


Chainlink ACE Unleashed: The CBDC Breakthrough Turning Brazil-Hong Kong Transfers Into Instant Cash was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fetch has sued Ocean and its founders, accusing them of undermining DAO governance by selling 263 million FET tokens without authorization.

Fetch has sued Ocean and its founders, accusing them of undermining DAO governance by selling 263 million FET tokens without authorization.

PANews reported on November 8th that, according to CryptoSlate, Fetch and three token holders have filed a class-action lawsuit in the Southern District of New York, accusing Ocean Protocol and its founders of misleading the community and causing misunderstandings about the autonomy of OceanDAO. The lawsuit, case number 1:25-cv-9210, was filed on November 4, 2025. The defendants include Ocean Protocol Foundation Ltd., Ocean Expeditions Ltd., OceanDAO, and Ocean's co-founders Bruce Pon, Trent McConaghy, and Christina Pon. The plaintiff alleges that Ocean falsely stated that hundreds of millions of OCEAN "community" tokens would be reserved for DAO rewards, but in reality, after joining the ASI consortium, it converted and sold these tokens, thereby depressing the value of FET and undermining the governance model claimed by the DAO. The lawsuit claims that over 661 million OCEAN were converted into approximately 286.46 million FET, and subsequently approximately 263 million FET were released into the market, equivalent to more than 10% of the then-circulating supply, causing downward pressure on the price of FET during and after Ocean's withdrawal from the market. The document states that Ocean transferred OceanDAO assets to the Cayman Islands entity Ocean Expeditions in late June, began converting OCEAN to FET in early July, liquidated most of the resulting FET on a centralized trading venue, and withdrew from the ASI consortium in October.
Share
PANews2025/11/08 09:28
The Elite Advisory Board Raising the Bar for Crypto Credibility!

The Elite Advisory Board Raising the Bar for Crypto Credibility!

The post The Elite Advisory Board Raising the Bar for Crypto Credibility! appeared on BitcoinEthereumNews.com. Crypto Presales Explore how BlockDAG’s world-class advisory board, led by Dr. Maurice Herlihy, turned academic excellence into real blockchain innovation! When most crypto projects struggle to prove their credibility, BlockDAG went a different route; it built one. Instead of relying on hype or flashy marketing, it assembled a board of advisors whose resumes could power an entire university department. This group doesn’t just lend prestige; it validates the technology behind BlockDAG’s hybrid Proof-of-Work and Directed Acyclic Graph system. Among them is Dr. Maurice Herlihy, one of computer science’s most decorated minds and a true authority in distributed computing. The strategy here is simple yet brilliant: combine practical blockchain expertise with academic strength to create a foundation built on real innovation and proven knowledge, not speculation. The Vision: Build More Than a Team BlockDAG understood early that innovation needs more than developers; it needs thinkers who have shaped the field itself. The leadership, headed by CEO Antony Turner, chose to build what they call a “Genius Bar” of blockchain intellect. This idea came from the realization that credibility in crypto doesn’t come from influencers or endorsements; it comes from having the right people asking the right questions. Turner’s background in fintech and Swiss regulation gave him the insight to merge institutional discipline with crypto creativity. This approach reshaped how investors perceive early-stage blockchain ventures. Instead of anonymous teams, BlockDAG offered transparency, leadership, and a network of experts who have not only theorized innovation but also implemented it at scale. That’s why it has become the best-performing crypto today, combining logic, structure, and execution. Dr. Maurice Herlihy: The Academic Powerhouse Every innovation needs an anchor, someone who ensures the foundation is scientifically sound. For BlockDAG, that anchor is Dr. Maurice Herlihy. As a professor at Brown University and winner of the Gödel…
Share
BitcoinEthereumNews2025/11/08 09:04