🚀 𝐑𝐢𝐩𝐩𝐥𝐞 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬 𝐰𝐢𝐭𝐡 𝐂𝐡𝐚𝐢𝐧𝐥𝐢𝐧𝐤 𝐭𝐨 𝐄𝐧𝐡𝐚𝐧𝐜𝐞 𝐑𝐋𝐔𝐒𝐃 𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐏𝐫𝐢𝐜𝐢𝐧𝐠
Ripple has integrated Chainlink’s blockchain technology to improve the pricing accuracy of its RLUSD stablecoin. This collaboration aims to enhance RLUSD’s performance and reliability within decentralized finance (DeFi) applications.
RLUSD, a USD-backed stablecoin, is designed for secure, instant payments and is supported on both the XRP Ledger and Ethereum blockchains. By leveraging Chainlink's decentralized price feeds, Ripple seeks to improve RLUSD’s stability and utility in the DeFi ecosystem.
This partnership reflects Ripple’s ongoing commitment to advancing its stablecoin’s capabilities and integrating it deeper into the DeFi space.
What are your thoughts on Ripple's collaboration with Chainlink? Do you believe this will strengthen RLUSD's position in the DeFi market?
𝐅𝐨𝐫 𝐝𝐚𝐢𝐥𝐲 𝐚𝐮𝐭𝐡𝐞𝐧𝐭𝐢𝐜 𝐜𝐫𝐲𝐩𝐭𝐨 𝐧𝐞𝐰𝐬 𝐮𝐩𝐝𝐚𝐭𝐞𝐬, 𝐟𝐨𝐥𝐥𝐨𝐰, 𝐥𝐢𝐤𝐞, 𝐚𝐧𝐝 𝐬𝐡𝐚𝐫𝐞! 𝐓𝐡𝐚𝐧𝐤𝐬 𝐟𝐨𝐫 𝐫𝐞𝐚𝐝𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐬𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬.
Source: Crypto News
