PANews January 7 news, according to CoinDesk, Ripple announced the adoption of Chainlink price oracles to provide accurate data support for its USD stablecoin RLUSD, in order to enhance its application in decentralized finance (DeFi). RLUSD was launched last month on Ethereum and the XRP Ledger, with a current market value of 72 million USD.
This feature has been launched on Ethereum, supporting developers in integrating RLUSD into DeFi protocols for scenarios such as trading and lending. Ripple hopes to leverage Chainlink's infrastructure to accelerate the adoption of RLUSD in DeFi and promote its application in secure, low-cost cross-border payments.
