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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… In phase two of the Central Bank of Brazil’s (BCB) Drex project, which is focused on cross-border trade, Chainlink connected BCB with the Hong Kong Monetary Authority (HKMA) to orchestrate seamless and secure trade settlement across jurisdictions in a compliant manner. In addition to BCB, HKMA, and Chainlink, there were multiple leading organizations involved in this workflow: • Standard Chartered (@StanChart)—Global bank with over $800 billion in total assets. • Banco Inter (@interbr)—The Brazilian financial super-app serving over 40 million users. • Global Shipping Business Network (@gsbn_trade)—The consortium empowering digital trade with its data infrastructure and ecosystem partners. • 7COMm—Technology provider serving the largest financial institutions in Brazil. Chainlink powers the DvP solution end-to-end and enables conditional, installment-based payments for goods via different digital currencies and tokenized reserves with: • Chainlink Runtime Environment (CRE) established interoperability channels between the Drex platform and the Hong Kong Ensemble Network (led by the HKMA), and between the DLT-based Trade Finance Platform (TFP) on Besu and GSBN. This enabled CRE to seamlessly transfer payment instructions between Drex, Banco Inter, and HKMA—translating messages into the correct format when needed (e.g., ISO 20022 for HKMA)—and to call the GSBN API to trigger eBL (electronic Bill of Lading) transfers. • Chainlink CCIP enabled secure communication between the Drex platform and TFP, ensuring events such as contract execution or credit release to be automatically synchronized between different networks. This solution marks the first time a blockchain-based title registry and cross-chain payment infrastructure were connected via a single, automated workflow, setting a new standard for global trade settlement. Bruno Grossi, Head of Emerging Technologies at Banco Inter: “By implementing Chainlink as the standard for connecting the Central Bank of Brazil, the Hong Kong Monetary Authority, and existing trade finance platforms, we’re building a more connected financial ecosystem that will underpin the future of global trade.”