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Ripple Adopts Chainlink Standard to Access Secure Pricing Data Around the RLUSD Stablecoin

Twitter icon  •  Published 23 hours ago on January 7, 2025  •  Hassan Maishera

On Tuesday, Chainlink announced via X that Ripple has adopted the Chainlink standard to access highly secure and reliable pricing data around the recently launched Ripple USD (RLUSD) stablecoin.

Ripple Adopts Chainlink Standard to Access Secure Pricing Data Around the RLUSD Stablecoin

On Tuesday, Chainlink announced via X that Ripple has adopted the Chainlink standard to access highly secure and reliable pricing data around the recently launched Ripple USD (RLUSD) stablecoin.

Chainlink Price Feeds are now live, providing a secure, reliable source of RLUSD pricing data on Ethereum mainnet, enabling developers to integrate support for RLUSD into their DeFi applications for use cases such as trading, lending, and more.

By adopting the Chainlink standard for verifiable data on the Ethereum blockchain, Ripple is enhancing the utility of RLUSD across the onchain economy.

Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is down 10% over the past 24 hours, trading at $22.14.

Formerly known as OpenCoin, Ripple is a privately held company that is building a payment and exchange network (RippleNet) on top of a distributed ledger database (XRP Ledger). XRP is down 5% and trading at $2.3309 per coin.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.