🚀 Ripple partners with Chainlink to enhance the utility of the RLUSD stablecoin in DeFi! 🎉
- RLUSD, pegged to the USD, will have accurate price data from Chainlink on Ethereum and XRP Ledger.
- Goal: low-cost, safe transactions and support for DeFi applications.
- Colin Cunningham from Chainlink Labs: "Great signal for the market!"
🔗 DeFi & stablecoin:
- RLUSD helps connect traditional finance and blockchain with fast, low-cost payments.
- Important role in DeFi: store of value, hedge against volatility, medium of exchange.
💬 What do you think about this partnership? Share your thoughts in the comments below!