Chainlink Helps Bottomline Bring 600+ Banks Into Onchain Payments

Bottomline, one of the top three Swift service providers processing more than $16 trillion in payments each year, has introduced Global Pay Connect, an onchain payment connectivity platform for 600+ banks powered by Chainlink. The rollout is designed to give financial institutions access to blockchain-based payment infrastructure without requiring a rebuild of existing systems. The integration extends Bottomline’s network using Chainlink’s interoperability and orchestration stack. Chainlink’s CCIP links Bottomline’s payment infrastructure to blockchain networks through a single, network-agnostic integration model, while CRE coordinates payment workflows across onchain and offchain environments. For banks, the key benefit is access to onchain payment rails via the Swift network and familiar payment messaging standards, avoiding replatforming or custom integrations for each blockchain. Global Pay Connect is positioned as connectivity layered onto existing payment rails, not a new standalone payment system. With more than 600 banks already on the platform, the partnership aims to bridge established financial infrastructure with the onchain economy, while keeping the operational standards and infrastructure institutions already rely on. On the market side, LINK has remained under pressure after failing to break above $13.50 in early September. By mid-September, the token had slipped toward the 50-day EMA, which has become the near-term technical focus. Holding the 50-day EMA through the end of September could support a rebound and a retest of $13.50, with a potential move toward $18.00. A breakdown below the 50-day EMA would raise the risk of a drop toward $8.00, with $6.00 or lower flagged as the downside level in the referenced setup.