Ripple and Chainlink have partnered to promote the adoption of Ripple USD (RLUSD) stablecoin in cross-border payments. Chainlink provides reliable price data for RLUSD, facilitating integration into DeFi applications on Ethereum. RLUSD is issued on the XRP Ledger and Ethereum, compatible with smart contracts and DeFi applications.

Despite the fiercely competitive stablecoin market, RLUSD promises to deliver high utility and reliability. However, this announcement did not prevent the decline of XRP and LINK amid a market correction. 📉

Stablecoins continue to be a strong development trend in the future. 🚀