Chainlink has partnered with Infosys to integrate Chainlink services into the Infosys Finacle Digital Assets platform, though the direct impact on the LINK token remains unclear.
The collaboration aims to integrate Chainlink services and the Chainlink runtime environment into the Infosys Finacle Digital Assets Platform, which serves over 1.7 billion bank accounts globally. However, the announcement did not mention specific bank deployments or implementation timelines. Furthermore, Chainlink's payment abstraction system allows enterprise users to pay fees using fiat currency or stablecoins, meaning banks may not need to purchase or hold LINK. On the day the partnership was announced, LINK's price fell by approximately 1%, and there was no significant increase in the number of new on-chain addresses.
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