Chainlink Teams Up With Swift Provider Bottomline to Expand Cross-Chain, Cross-Border Payments
AI Market Summary
Chainlink's partnership with Swift service providers to connect Bottomline's payment rails to public/private blockchains strengthens CCIP's role as a middleware standard for cross-chain and cross-border settlement. By preserving ISO 20022 messaging while enabling on-chain payment channels, the integration lowers adoption friction for banks and enterprises, potentially increasing CCIP usage and reinforcing Chainlink's positioning in institutional tokenized payments infrastructure.
Impact level
● Medium
Affected assets
LINK/USDT+6.06%
AI Insight · LINK/USDTAI Insight
▲ Bullish
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According to ME News, Chainlink said on Sept. 4 (UTC+8) it has entered a strategic partnership with Swift service providers to support cross-chain, cross-border payments.
Chainlink will supply an interoperability and orchestration layer that links Bottomline's existing payments infrastructure with both public and private blockchains. The partnership will use Chainlink's Cross-Chain Interoperability Protocol (CCIP) for secure cross-chain transfers of tokenized value, while the Chainlink Runtime Environment (CRE) will manage end-to-end payment workflow coordination.
Bottomline's bank clients will be able to keep using ISO 20022 messaging standards and gain access to on-chain payment rails through a single, network-agnostic connection. (Source: Foresight News)