- Ripple and Chainlink partner to boost adoption of RLUSD.
- RLUSD will leverage Chainlink’s standard to improve the stablecoin’s utility and accessibility in DeFi.
Ripple has partnered with Chainlink to bring its newly revealed stablecoin, RLUSD, to more users within the decentralized finance ecosystem.
The issuer of RLUSD, which is also behind the cryptocurrency XRP, announced this collaboration with Chainlink on January 7.
Ripple and Chainlink partner
Ripple stated it will draw on Chainlink price feeds to provide high-quality price data for RLUSD, with Chainlink’s standard delivering verifiable price information on Ethereum.
This integration increases RLUSD’s utility and accessibility in DeFi, supporting wider adoption of the stablecoin within an ecosystem expected to expand rapidly. Stablecoin adoption—currently led by Tether’s USDT and Circle’s USDC as the main USD-pegged tokens—is also poised to gain momentum.
“The adoption of tokenized assets such as stablecoins will continue to accelerate in the coming years, and access to critical on-chain data will speed up that process,” said Johann Eid, chief business officer of Chainlink Labs.
The integration will enable RLUSD to power DeFi applications across trading, lending, and other core market segments. DeFi developers will be able to integrate the stablecoin easily into applications since the Chainlink standard provides a unified solution.
“As RLUSD expands across DeFi ecosystems, reliable and transparent pricing is essential to maintaining stability and building trust in its utility within decentralized markets. By leveraging the Chainlink standard, we bring trusted on-chain data, further strengthening RLUSD’s usefulness in both institutional and decentralized applications,” said Jack McDonald, SVP of stablecoin at Ripple.
Ripple launched its stablecoin, pegged 1:1 to the US dollar, in December 2024.
The initial issuance occurred on the XRP Ledger and Ethereum. RLUSD currently has a market capitalization of $53.09 million, with approximately $21.8 million in trading volume over the past 24 hours.