Crypto market today remains in bearish territory as Bitcoin dipped below the $95K mark. Major altcoins followed the downtrend, with several tokens trading in the red.
Ripple has teamed up with Chainlink, the leading decentralized oracle network, to boost the adoption of its RLUSD stablecoin within Ethereum's decentralized finance (DeFi) ecosystem. This collaboration promises to enhance RLUSD's credibility, transparency, and reliability by utilizing Chainlink's robust data infrastructure.
Ripple's Ripple USD (RLUSD) is getting a big boost as the blockchain payments firm has teamed up with the decentralized oracle network Chainlink to bring the stablecoin to decentralized finance (DeFi).
LINK's price has declined 10% in the past 24 hours, mirroring the broader cryptocurrency market downturn. This price drop follows Ripple's integration of the Chainlink Standard to help bring its new RLUSD stablecoin on-chain.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
Ripple is partnering with Chainlink in an effort to enhance the adoption and utility of its RLUSD stablecoin across the decentralized finance (DeFi) ecosystem.
Bitcoin (BTC) plummeted below $100,000 as the crypto markets witnessed a significant drop on Tuesday, driven by stronger-than-anticipated economic indicators that could delay Federal Reserve rate cuts. BTC was trading above $100,000 since January 6, when it reached an intraday high of $102,464.
Ripple partners with Chainlink to integrate decentralized price feeds for its RLUSD stablecoin, aiming to enhance its utility in DeFi applications on Ethereum and the XRP Ledger.
Ripple has partnered with Chainlink to enhance the adoption and functionality of its Ripple USD (RLUSD) stablecoin within decentralized finance (DeFi).
Ripple announced that it had integrated Chainlink to provide users with real-time RLUSD pricing data, enhancing the stablecoin's utility and access on DeFi. DeFi developers will also be able to integrate RLUSD support into their applications for several use cases like lending and trading.
Ripple has partnered with Chainlink to provide robust pricing data for its RLUSD stablecoin, according to a Jan. 7 statement. The integration introduces Chainlink's blockchain technology to Ripple's ecosystem, delivering secure and verifiable price feeds directly on Ethereum's network.
Chainlink's price joined other cryptocurrencies in a strong reversal as US bond yields surged to their highest levels in about two years. LINK, the biggest oracle network in crypto, fell to $21.21 on Wednesday morning, down over 31% from its highest point in December.
Mantra (OM) has experienced substantial growth in recent years, making it a noteworthy cryptocurrency for both investors and analysts. From an all-time low of just $0.000858, the price of OM has surged to around $3.96, reflecting an impressive surge of nearly 22,845%.
Ripple says it has begun leveraging the Chainlink standard, a move designed to provide “high-quality pricing data” around its Ripple USD (RLUSD) stablecoin. “By adopting the Chainlink standard for verifiable data on the Ethereum blockchain, Ripple is enhancing the utility of RLUSD across the onchain economy,” the company said in a news release Tuesday (Jan.
Ripple's RLUSD stablecoin, with a market capitalization of $72 million, integrates with DeFi applications. The RLUSD stablecoin, now available on Ethereum, is intended to support cross-border payments.
The Ripple USD (RLUSD) was recently launched and has grown to over $72 million in market cap and a 24-hour average trading volume of about $23.3 million.
TL;DR Ripple collaborates with Chainlink to integrate price feeds into its RLUSD stablecoin, improving its adoption in the DeFi market. RLUSD operates on the XRP Ledger and Ethereum, maintaining a 1:1 parity with the dollar and complying with business regulatory standards. Chainlink provides high-quality price data and resistance to manipulation.
Ripple has embraced the Chainlink standard to furnish dependable onchain pricing data for its RLUSD stablecoin, to enhance its assimilation into decentralized finance (defi) applications. Ripple Partners with Chainlink to Bolster RLUSD in Defi The RLUSD stablecoin, engineered to hold a 1:1 peg to the U.S.
Ripple has adopted the Chainlink standard to obtain high-quality pricing data on the Ethereum blockchain, according to a Tuesday announcement.
RLUSD is an enterprise-grade, USD-backed stablecoin. It combines Ripple's expertise in crypto and traditional finance to deliver trust, compliance, and real-world utility.
Ripple has integrated Chainlink's blockchain technology to provide reliable pricing data for its RLUSD stablecoin. RLUSD, a USD-backed digital currency, is designed for secure, instant payments and is supported on both the (XRP) Ledger and Ethereum (ETH) blockchains.
The stablecoin RLUSD powered by decentralized price feeds for secure and efficient transactions
In a latest development, Ripple, announced on Tuesday that it will use data provider Chainlink's (LINK) services to better integrate its RLUSD stablecoin with decentralized finance (DeFi) applications. Notably, this feature, which went live today on the Ethereum blockchain, allows developers to incorporate RLUSD into DeFi protocols for trading, lending and other activities.
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.
Bitcoin was also among the underperformers, dipping 1.4%.
Ripple has integrated Chainlink Price Feeds to provide accurate pricing data for RLUSD.
Chainlink will provide crucial pricing data for Ripple's U.S. dollar stablecoin on the Ethereum blockchain.
Ripple is leveraging the Chainlink standard to bring the RLUSD pricing data on-chain and to strengthen the coin's utility and access in DeFi. The post Ripple's RLUSD Adopts Chainlink Standard appeared first on Cryptonews.
Ripple wants its new stablecoin to play nice with DeFi apps, and it's bringing in Chainlink's price feeds to make that happen.
Ripple's RLUSD stablecoin gets a boost as Chainlink's price feeds enable secure, real-time DeFi transactions on Ethereum and the XRP Ledger.
Ripple's integration with Chainlink could significantly enhance RLUSD's role in DeFi, potentially boosting stablecoin adoption and trust. The post Ripple taps Chainlink to boost RLUSD utility and DeFi access appeared first on Crypto Briefing.
Ripple is integrating the Chainlink Standard to help bring its new RLUSD stablecoin on-chain. This partnership comes with a few key features, most importantly integrating live price data into RLUSD's blockchain.
Injective's recent community vote to reduce INJ's supply has sparked a rally in the altcoin's value. Trading at $26.29 at press time, its price has surged 33% over the past week.
A crypto user lost $520,000 worth of Chainlink tokens through a fake bridge scam, adding to the $494 million lost to similar scams in 2024 as attackers continue to evolve their tactics across multiple platforms.
A crypto holder lost more than half a million dollars after signing a malicious transaction on a fake cross-chain bridge. Web3 security platform Scam Sniffer reported the incident on Jan.
Injective 3.0 upgrade has passed approval, ushering it into phase one of its deflationary era.
Injective's breakout sparks optimism, targeting $50 as bullish sentiment and metrics align.
Injective (INJ) price has been on a tear, up 30% over the past seven days and surging 14% in the last 24 hours. Its trading volume has skyrocketed by over 250% in the same period, reaching $274 million.
Injective, the VC-funded layer-1 blockchain, continued its uptrend as community members voted in favor of the new Injective 3.0 upgrade. Injective (INJ) rose for six consecutive days, reaching an intraday high of $26, its highest level since Dec. 18.
Altcoins like SPX, INJ, and SAND are trending today due to significant price movements and increased market attention. SPX has surged 17% in the last 24 hours, reaching a market cap of $1.4 billion and securing its position as the 9th largest meme coin.
Injective price is one of the top gainers today with a surge of around 13%. The price jump comes as the ecosystem passed a major governance proposal to advance the next phase of the much-awaited INJ 3.0.
Bitcoin (BTC) has seen a marginal uptick after spending most of the weekend below $98,000. The world's largest cryptocurrency has climbed above $99,000 and is currently trading around $99,100 as bulls set their sights on reclaiming $100,000.
Chainlink (LINK) has caught the crypto world's attention with a robust 18% rally over just three days. This price spike comes as the token rebounded from a key support level near $19, signaling renewed strength despite broader market challenges.
With a successful start to 2025, the INJ price has displayed a strong bullish price action. Reportedly, with its launch of a tokenized GPU marketplace for AI computing, this altcoin has gained significant attention from the crypto space.
Chainlink (LINK) has remained on the investors' radar over the past week following impressive price actions. The decentralized Oracle token soared 21.78% from $19.74 on January 1 to today's $24.04. LINK displays solid momentum as it rebounded from a crucial support barrier around the $19 mark, suggesting potential extended gains.
Injective (INJ)and SVM Sonic are collaborating to introduce the Smart Agent Hub, enabling crosschain AI applications and cryptocurrency bridging between Solana and Injective.
Chainlink surges by over 18% in the last three days as the token whales makes moves.