Chainlink Powers Historic Cross-Border Settlement Between Brazil and Hong Kong Central Banks

🏦 Central Banks Go Cross-Chain

By Chainlink
Dec 4, 2025, 4:26 PM
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Chainlink has successfully connected the Central Bank of Brazil and Hong Kong Monetary Authority in a groundbreaking cross-border trade settlement experiment.​

The integration enables delivery versus payment (DvP) settlement across jurisdictions using blockchain technology.​ Key participants include:

  • Standard Chartered - Global bank with $800B+ assets
  • Banco Inter - Brazilian fintech serving 40M+ users
  • GSBN - Digital trade infrastructure consortium
  • 7COMm - Technology provider for Brazilian financial institutions

Technical Implementation:

  • Chainlink Runtime Environment (CRE) established interoperability between Brazil's Drex platform and Hong Kong's Ensemble Network
  • Chainlink CCIP enabled secure cross-chain communication
  • Automated workflow connects blockchain-based title registry with cross-chain payments

This marks the first time such comprehensive blockchain infrastructure has been deployed for international trade settlement, potentially setting new standards for global commerce.​

Bruno Grossi from Banco Inter emphasized this creates "a more connected financial ecosystem that will underpin the future of global trade.​"

This development demonstrates real-world adoption of blockchain technology by major financial institutions and central banks.​

Sources

"Chainlink is the only system that can bring all this together.” @SergeyNazarov on Chainlink powering cross-border DvP with the Central Bank of Brazil & Hong Kong Monetary Authority ↓

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We’re excited to announce that Chainlink is powering cross-border DvP settlement between the Central Bank of Brazil (@BancoCentralBR) & Hong Kong Monetary Authority (@hkmagovhk) alongside Banco Inter, Standard Chartered, GSBN, & 7COMm in the Drex program. blog.inter.co/banco-inter-ch…

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