- ANZ Bank, ChinaAMC and Fidelity have completed a cross-border payments pilot using Chainlink infrastructure.
- The pilot was organized by the Central Bank of Hong Kong to test automated compliance and atomic payments.
US asset management firm Fidelity has teamed up with three global financial giants on a cross-border payments pilot program in Hong Kong. The pilot used Chainlink infrastructure for secure digital asset movement, atomic payments, and automated compliance.
The pilot brought together payments giant Visa, New Zealand’s largest lender ANZ Bank, and the Hong Kong arm of China AMC, one of the region’s largest asset managers, according to the announcement. This was conducted under the second phase of Hong Kong’s CBDC program to assess how tokenized money can improve cross-border transactions.
Milestone: A complete cross-border payments solution powered by Chainlink from Visa, ANZ, ChinaAMC, and Fidelity International.
Under the Hong Kong Monetary Authority’s e-HKD program, Chainlink enables secure transfer of regulated assets with automated compliance and atomic settlement 🧵 pic.twitter.com/Ft9MO74C4L
— Chainlink (@chainlink) March 5, 2026
The overall program, led by the Hong Kong Monetary Authority, tested a system that allows users to use digital money, such as stablecoins and tokenized bank deposits, to purchase tokenized investment funds on permissioned networks and public blockchains with near-instant payments.
HKMA adopted the Oracle network to connect the chain and enable interoperability. One of the paths was between DASChain, a permissioned blockchain developed by ANZ Bank for tokenized finance, and Sepolia, an Ethereum testnet used by developers to test smart contracts and dApps without using real Ether. Regarding the reason for choosing Chainlink, HKMA said:
This choice aligns with the need for secure, compliant interoperability in the tokenized asset ecosystem.
Chainlink says its infrastructure provides participants with automated compliance and verified identities, which are essential in regulated financial use cases. We also provided atomic transactions where both sides of the transaction either settle or do not settle at all. This eliminates the settlement risk of one party being able to perform as requested while the other party fails.
Chainlink powers cross-border payments
Chainlink said:
Our cutting-edge solution uses Chainlink data, interoperability, and compliance standards to solve the biggest problems facing institutional smart contracts.
These issues include automation; The network’s digital transfer agent standard automated the issuance of tokenized fund units while capturing on-chain NAV data. This makes real-time payments possible.
Chainlink’s CCIP enables secure messaging and cross-jurisdictional transfer of CBDC between ANZ’s DASChain and Ethereum’s Sepolia.
“Chainlink is the only platform that solves all these institutional requirements within a single infrastructure, powers end-to-end regulated cross-border payments, and accelerates the on-chain transition of the global financial system,” the network said.
Emma Pesenich, Head of Asia Pacific Partnerships at Fidelity, commented:
We believe that fund tokenization has great potential to bridge the gap between the traditional financial system and the emerging digital asset economy. This advancement not only opens new distribution channels, but also improves operational efficiency and supports cross-border investment opportunities.
As reported by CNF, Chainlink expanded its presence in MENA earlier this week after the UAE’s ADI Chain adopted CCIP for its tokenization program.
