Ripple teams up with Chainlink, making RLUSD stablecoin DeFi-ready with accurate, tamper-proof pricing for secure trading and lending.
Ripple just dropped some big news, teaming up with Chainlink to supercharge its RLUSD stablecoin for the DeFi world. It pegged to the US dollar, works on both XRP Ledger (XRPL) and Ethereum. However, for it to shine in DeFi apps like trading or lending, top-notch pricing data is what it needs. Enter Chainlink.
Chainlink’s Price Feeds are legit. They pull in data from tons of sources, ditching junk like wash trading, to deliver precise, tamper-proof prices. This means developers building DeFi apps can fully trust the numbers.
Johann Eid, Chainlink Labs’ Chief Business Officer, said, “Tokenized assets like stablecoins are blowing up, and reliable on-chain data speeds things up.” Ripple’s stablecoin lead, Jack McDonald, called the partnership a major win, making RLUSD even more valuable for developers.
Here’s the kicker—Chainlink’s decentralized network keeps the data flowing, even during gas price spikes or blockchain traffic jams. That reliability is a game-changer for DeFi markets, where trust and accuracy are everything.
With Ripple and Chainlink joining forces, RLUSD is set to blow up in the DeFi space. This partnership isn’t just big—it’s a flex for the future of stablecoins.
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