---
title: "Chainlink joins European and Korean bank consortia to develop FX settlement network"
url: https://thecoingazette.com/chainlink-joins-european-and-korean-bank-consortia-to-develop-fx-settlement-network/
date: 2026-06-23
modified: 2026-06-23
author: "Coin Gazette Editorial"
description: "Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement."
categories:
  - "Uncategorized"
tags:
  - "banks"
  - "chainlink"
  - "Europe"
  - "FX"
  - "Latest News"
  - "South Korea"
  - "stablecoin"
word_count: 21
---

# Chainlink joins European and Korean bank consortia to develop FX settlement network

Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement.