Bottomline Launches Global Pay Connect With Chainlink Integration to Link Banks to Blockchain
- —Bottomline processes over $16 trillion in payments annually and about 10 million transactions per day
- —About 15% of international Swift traffic passes through Bottomline systems
- —Chainlink acts as a bridge via CCIP, not as a separate blockchain network
- —The Payment Abstraction mechanism converts part of revenues into LINK for the Chainlink Reserve
Why it matters: A commercial channel is emerging to connect hundreds of banks to blockchain, strengthening institutional demand for Chainlink infrastructure and the LINK token.
Source: CriptoTendencias