In a major announcement at Sibos 2024 in Beijing, Sergey Nazarov, Co-Founder of Chainlink, revealed that the integration of Swift's traditional payment system with blockchain technology is now ready for production. This landmark development is set to transform how financial institutions handle digital asset transactions.
Years of collaboration between Chainlink and Swift have now led to a system that connects Swift’s infrastructure with blockchain networks.
“We're now at a point where this system is ready to be integrated with your existing institutional systems. This is not just a concept or a plan — it’s now a product,” Nazarov shared. He further noted that institutions could start exploring a demo system available at Sibos.
As a result of this announcement, crypto experts believe that Chainlink’s native token, LINK, could experience a substantial price rise. For instance, Bubbafox, a widely followed crypto commentator, asserted that LINK’s price could reach the $100 price point. This would represent an astonishing 809% expansion from its current price of $11.14.
Amid the buzz around LINK’s potential rise, the blockchain gaming project Minotaurus (MTAUR) is also expected to benefit from increased market activity. As the industry shifts toward broader blockchain adoption, Minotaurus, with its unique maze-navigation game and its utility token, MTAUR, is well-positioned to capture the market’s attention.
Minotaurus offers players an immersive experience where they battle crypto creatures and explore hidden treasures. The MTAUR token plays a key role in the game’s economy. Currently, the presale for the MTAUR token is ongoing. It sells at a massive 70% low of 0.0000597 USDT compared to its projected listing price of 0.0002 USDT.
Essentially, market participants joining Minotaurus’ MTAUR presale today position themselves to see their early involvement boosted by 235% should the token list at 0.0002 USDT on decentralized exchanges.
For more details about the Minotaurus (MTAUR) presale, visit the official Minotaurus website.
While XRP has long been seen as a potential solution for cross-border payments, Chainlink’s recent success with Swift poses new competition. Some analysts believe that if XRP were to capture even a fraction of Swift’s transaction volume, it could experience a significant price increase.
However, the Chainlink-Swift partnership now makes that prospect more uncertain for XRP. Nevertheless, Minotaurus (MTAUR), being a new contender, could ride the wave of increased institutional attention.
As more institutions explore digital assets and blockchain applications, projects like Minotaurus stand to benefit from the increasing interest in blockchain-powered ecosystems. Their novelty in the crypto space allows for valuations to skyrocket more easily than those of established billion-dollar cryptocurrencies.
Overall, the ongoing MTAUR presale positions early participants to benefit from the projected $19 billion valuation of the global casual gaming market that Minotaurus is a part of.
For more information and to join the presale, check out the official links below:
Website: http://minotaurus.io
Twitter: https://twitter.com/minotaurus_io
Announcements: https://t.me/minotaurus_official
Telegram Chat: https://t.me/minotaurus_chat
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