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Ripple

Ripple News: Ripple Integrates Chainlink For Stablecoin Expansion

5 days ago

Ripple Unicorn News - January 07, 2025

Ripple has announced a strategic integration with Chainlink to enhance the utility of its U.S. dollar stablecoin, RLUSD, on the Ethereum blockchain. This move aims to boost RLUSD's presence in decentralized finance by providing accurate pricing data and expanding its use in trading and lending applications.

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( 00:00:27 ) Ripple Aims to Boost RLUSD Stablecoin's DeFi Utility with Chainlink Standard

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Ripple has announced an exciting integration with Chainlink to boost its new stablecoin, RLUSD! This partnership aims to enhance RLUSD's functionality within decentralized finance (DeFi) applications by providing reliable and tamper-resistant price data. By leveraging Chainlink's oracle network, Ripple hopes to accelerate the adoption of RLUSD for trading, lending, and other financial services. This move is expected to strengthen Ripple's position in the institutional DeFi sector and provide users with secure, low-cost cross-border payments.

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