HSBC Expands Orion Network to UAE, Enabling Real-Time Dirham Liquidity Flows

Key Takeaways HSBC launched its tokenized deposit service in the UAE, adding the dirham to a 24/7 blockchain cash network. The rollout expands HSBC Orion’s footprint, boosting corporate liquidity across global markets. Next, eligible corporate clients can instantly onboard the network subject to UAE regulatory approvals. Regulatory Readiness Meets Market Demand HSBC Bank Middle East…

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Chainlink and Over 10 Korean lenders Push to Kill FX Delays With Real-Time Settlement

Key Takeaways Chainlink’s Project Pangea unites 37 European banks and 10-plus Korean lenders in a $9.6T FX settlement push. UniKA members, including Shinhan Bank, aim to cut Korean won reliance on intermediary currencies by 2026. Fairsquarelab’s Pangea layer one (L1) guarantees oracle price updates execute first, ahead of every block transaction. What Project Pangea Is…

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