Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong

The pilot, portion of Brazil's Drex initiative, utilized Chainlink's infrastructure to link Brazil's Drex web with Hong Kong's Ensemble platform.

Nov 3, 2025, 1:30 p.m.

Brazilian fiscal elephantine Banco Inter and Chainlink person completed a blockchain-based aviator that enabled the cardinal banks of Brazil and Hong Kong to settee a cross-border commercialized transaction successful existent clip utilizing integer currencies and astute contracts.

The trial was portion of Phase 2 of the Central Bank of Brazil’s Drex integer currency initiative, which aims to make a integer mentation of Brazil's real. It linked Brazil’s Drex web with Hong Kong’s Ensemble platform, overseen by the Hong Kong Monetary Authority (HKMA).

Chainlink’s infrastructure provided the transportation betwixt the 2 systems, according to a property merchandise shared with CoinDesk, allowing funds and plus records to determination crossed jurisdictions wrong a azygous automated workflow.

“By leveraging Chainlink to link the BCB, the HKMA, and commercialized concern platforms, we’re gathering a much connected fiscal ecosystem that has the quality to underpin the aboriginal of planetary trade,” said Bruno Grossi, Head of Digital Assets astatine Banco Inter.

The aviator featured some delivery-versus-payment (DvP) and payment-versus-payment (PvP) exemplary tests. These mechanisms let for the simultaneous transportation of goods and payments, reducing colony risk.

The strategy besides supported conditional and installment-based payments, specified arsenic releasing funds erstwhile a circumstantial portion of the commercialized process is confirmed.

Supporting organizations included Standard Chartered, the Global Shipping Business Network (GSBN), and 7COMm. GSBN’s level handled updates to the physics measure of lading (eBL) arsenic portion of the outgo process.

The task is being positioned arsenic a imaginable instauration for a much inclusive commercialized concern ecosystem. By removing manual processes and improving coordination crossed platforms, the solution could trim costs for banks and exporters, particularly smaller firms.

The partners present program to grow investigating to screen further commercialized models and link to much fiscal institutions.

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