PANews reported on January 7 that according to CoinDesk, Ripple announced the adoption of Chainlink price oracles to provide accurate data support for its US dollar stablecoin RLUSD to enhance its application in decentralized finance (DeFi). RLUSD was launched on Ethereum and XRP Ledger last month and currently has a market value of US$72 million.

This feature has been launched on Ethereum, supporting developers to integrate RLUSD into DeFi protocols for trading, lending, etc. Ripple hopes to use Chainlink's infrastructure to accelerate the adoption of RLUSD in DeFi and promote its application in secure, low-cost cross-border payments.