Visa, ANZ Bank, China Asset Management, and Fidelity International have successfully finished a cros

Visa, ANZ, and Asset Managers Tap Chainlink for Cross-Border Settlements in Hong Kong e-HKD Pilot

A who's who of finance just wrapped up a major blockchain experiment. Visa, ANZ Bank, China Asset Management, and Fidelity International have completed a cross-border settlement solution built on Chainlink's infrastructure. The whole thing happened under the Hong Kong Monetary Authority's e-HKD program, with Chainlink handling the heavy lifting—automating compliance and enabling atomic settlements to move regulated assets around securely.

Here's how it works, according to the official rundown. Chainlink's Digital Transfer Agent (DTA) standard can automatically issue tokenized fund units. It pulls on-chain net asset value (NAV) data using Chainlink Data Standards, which makes settlement happen almost in real time. Then there's Chainlink CCIP, which handles secure messaging and actually moving e-HKD value across different jurisdictions and blockchains. And to keep everything above board, Chainlink's Automation Compliance Engine (ACE) verifies identity credentials across networks on the fly.

This isn't coming out of nowhere. Chainlink had already flagged its involvement in this pilot. They're part of the second phase of the e-HKD+ program, specifically working on a use case that swaps Hong Kong's CBDC for an Australian dollar stablecoin. And the company behind the test? The same lineup: Visa, ANZ, China AMC, and Fidelity.