Ripple Announces Chainlink Integration To Boost RLUSD Stablecoin

Ripple (CRYPTO: XRP) announced on Tuesday an integration with Chainlink‘s (CRYPTO: LINK) data provider services aimed at furthering the integration of its RLUSD stablecoin with Ethereum (CRYPTO: ETH)-based trading and lending platforms.

What Happened: Jack McDonald, senior vice president of stablecoin at Ripple, emphasized the importance of this integration, stating, “By enabling seamless functionality across DeFi, RLUSD is well-positioned to support a growing range of use cases in decentralized financial systems.”

He added that integrating Chainlink Price Feeds provides RLUSD with “essential infrastructure” for delivering accurate and …

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