🔥Hot off the press!🔥 RD Technologies is integrating Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve (PoR) to power its Hong Kong dollar stablecoin, HKDR. 🚀
This integration will enable secure and reliable cross-chain transfers of HKDR and easier access to the new stablecoin. Plus, Chainlink's PoR will provide reliable on-chain verification of HKDR's reserve backing. 🎯
The goal? To enable more businesses and merchants to settle payments in HKDR, enjoy faster and cheaper cross-border payments, and enable reliable transfer of tokenized real-world assets (RWA) using the stablecoin. 🌐💼
RD Technologies CEO Rita Liu is optimistic, saying this integration will facilitate the adoption of HKDR in cross-border payments, real-world assets tokenization, and other on-chain finance applications. She also sees it as a step towards making Hong Kong a global Web 3 and virtual assets hub. 🏦💪
Meanwhile, the LINK token is underperforming, dropping 2% on the day to $14.28 amid a broader altcoin market retreat. But don't fret, BTC enthusiasts! Analysts predict that the altseason is just around the corner, and LINK usually performs well then. So, keep your eyes peeled! 👀📈