Chainlink & Banco Inter Execute First-Ever Cross-Border CBDC Trade

Banco Inter, alongside Brazil’s central bank and Hong Kong’s Monetary Authority, has successfully executed the world’s first cross-border CBDC transaction using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This groundbreaking move marks a significant step towards integrating blockchain technology into international finance. The trade utilizes Chainlink’s CCIP to enable secure and automated data exchange between Brazil and Hong Kong’s CBDCs, effectively bridging the gap in interoperable systems.