Chainlink and Mastercard Join Swapper Finance To Bring Direct Deposits To 3.5B Users

Coinbase has partnered with Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its exclusive bridge partner to enhance the growth of wrapped assets, which is expected to significantly improve cross-chain asset liquidity and transform decentralized finance (DeFi) ecosystems.

Coinbase has selected Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its exclusive bridge for managing $7 billion in wrapped tokens across various blockchain networks. This partnership aims to enhance the liquidity and accessibility of these assets, facilitating smoother transactions between different chains.

Swissborg has partnered with Mastercard to launch a crypto debit card that will be available across 30 countries, marking a significant step in integrating cryptocurrency into everyday financial transactions. This collaboration aims to enhance user access to digital currencies through a familiar payment method.

Bitwise has launched the Bitwise 10 Crypto Index ETF (BITW) on the New York Stock Exchange, enabling investors to gain exposure to a diverse portfolio of ten cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and XRP. This marks a significant step in making cryptocurrency investments more accessible through a regulated exchange.

Tempo, a blockchain initiative backed by Stripe and Paradigm, has launched its public testnet, collaborating with major partners including Mastercard, Klarna, UBS, and Kalshi. This development aims to facilitate sub-cent stablecoin payments, positioning Tempo as a significant player in the evolving landscape of mainstream finance.

Tempo, a blockchain initiative backed by Stripe and Paradigm, has launched its testnet, focusing on payment solutions and attracting significant institutional partners including Kalshi, Mastercard, and UBS. This marks a pivotal step in the development of a blockchain designed for efficient payment processing.

Chainlink (LINK) is currently trading at $13.70, showing a modest recovery from a November low of $11.556, although it remains significantly below its August high of $27.80. This price movement is attributed to increased buying activity from large investors, known as whales, alongside a decline in exchange reserves.