TLDR
- Bottomline has partnered with Chainlink to connect its $16 trillion annual payments network to public and private blockchains.
- Over 600 bank customers can now access onchain payment rails while keeping their existing ISO 20022 messaging systems.
- Chainlink’s CCIP and CRE infrastructure will handle cross-chain transfers and payment workflow coordination.
- LINK surged roughly 50% before forming a bullish pennant pattern on the daily chart, with price targets set at $12, $15.5, $20, and $27.
- Major institutions including Swift, JPMorgan, UBS, ANZ, and BNY Mellon are already using Chainlink infrastructure.
Bottomline, one of the top three Swift service providers, has selected Chainlink to connect its payments network with blockchain infrastructure. The company processes more than $16 trillion annually and serves over 600 banks, 1,200 financial institutions, and 10,000 businesses worldwide.
NEW: Top-three Swift service provider, Bottomline, has entered a strategic partnership with Chainlink to unlock cross-chain, cross-border payments for its 600+ bank customers.
Bottomline moves more than $16 trillion in payments annually across its platforms.
Through the… pic.twitter.com/jnpgCdoSCs
— Chainlink (@chainlink) September 3, 2026
The partnership means Bottomline’s bank customers can access blockchain settlement without replacing their existing systems. Payment instructions will continue using ISO 20022 messaging, the standard format financial institutions already rely on.
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will handle transfers of tokenized value across blockchain networks. Its Chainlink Runtime Environment (CRE) will coordinate the full payment workflow between traditional banking systems and the blockchain layer.
Banks using the service connect to multiple public and private chains through a single integration, rather than building separate infrastructure for each network.
Cross-border payments are a key focus. According to the partnership announcement, such transactions can take days to settle and fees can consume 5% or more of a transfer’s value. The Chainlink connection offers an alternative settlement route for participating banks.
No initial transaction volume, implementation timeline, or list of participating banks was disclosed in the announcement.
Chainlink’s Growing Institutional Footprint
This deal follows a string of institutional Chainlink integrations. Swift, JPMorgan, UBS, ANZ, BNY Mellon, and the Abu Dhabi-based ADI Foundation are among institutions currently using Chainlink services.
In May 2025, JPMorgan completed its first public blockchain settlement using Chainlink, involving tokenized U.S. Treasuries through Ondo Finance. Aave adopted CCIP as its default cross-chain infrastructure in July, and BitGo followed in August, selecting CCIP exclusively for its Wrapped Bitcoin ecosystem, which held roughly $7.3 billion at the time.
Standard Chartered’s digital asset research team noted in August that customers outside crypto-native markets are expected to account for a growing share of Chainlink fees as tokenization projects move from testing into production.
Chainlink’s oracle network currently secures approximately $33.1 billion in total value across 505 protocols, and CCIP has facilitated over $18 billion in cross-chain transfers across more than 70 blockchains.
LINK Price and Technical Setup
Analyst Jesse Olson posted on X that $LINK is breaking out and has a pending buy signal on the 4-hour chart, adding that the daily chart remains bullish.
$LINK is breaking out and has a pending buy signal on the 4-hour chart.
Daily chart remains bullish.
Higher. pic.twitter.com/z8nADL4Vjj
— Jesse Olson (@JesseOlson) September 3, 2026
LINK has surged roughly 50% and is now forming a bullish pennant on the daily chart. Chart-based price targets sit at $12, $15.5, $20, and $27, each dependent on sustained buying volume.
LINK’s market capitalization currently sits above $8 billion. The most recent data places the LINK price at $12.08, up 7.36% on the day.
