Highlights:
- Ripple teams up with Chainlink to integrate decentralized price feeds for RLUSD.
- Partnership enhances RLUSD’s utility in DeFi across Ethereum and XRP Ledger.
- Ripple President Monica Long predicts a landmark year for crypto ETFs in 2025.
Ripple is stepping up its game in the DeFi space by joining forces with Chainlink, a leader in decentralized oracle technology.
https://twitter.com/Ripple/status/1876618313943470412
The partnership aims to expand the adoption of Ripple’s RLUSD stablecoin through real-time, tamper-proof price feeds.
Decentralized Price Feeds for RLUSD
The collaboration, announced on January 7, integrates Chainlink’s decentralized price feeds with RLUSD on Ethereum and the XRP Ledger. The move is designed to bolster the stablecoin’s presence in DeFi applications, providing accurate market data to enhance the reliability of smart contracts and reduce risks like price manipulation.
https://twitter.com/Cointelegraph/status/1876695531235278886
“Integrating Chainlink’s trusted infrastructure is a huge leap forward,” said Colin Cunningham, Head of Tokenization at Chainlink Labs. “It signals to the market that RLUSD is built on a foundation of trust and reliability.”
RLUSD, pegged 1:1 to the US dollar, facilitates secure and efficient transactions for payments, trading, and lending. With Chainlink’s integration, developers can seamlessly use RLUSD to build dApps that cater to both retail and institutional markets.
What RLUSD Means for Ripple
Ripple’s RLUSD stablecoin reflects its broader vision of bridging traditional finance with blockchain technology. By improving liquidity on the XRP Ledger, RLUSD aims to make decentralized transactions smoother and less costly.
https://twitter.com/edward_farina/status/1876637842828632132
“This isn’t just another stablecoin,” Ripple’s leadership emphasized. “It’s about creating tools that institutions and developers can trust to power the future of finance.”
Ripple USD has already debuted on platforms like Bullish and is expected to expand to other major exchanges soon, according to Ripple President Monica Long.
Ripple’s DeFi Push and XRP ETF Ambitions
In addition to RLUSD’s DeFi momentum, Monica Long expressed optimism about the future of crypto ETFs. Speaking to Bloomberg, Long predicted that 2025 could see the approval of an XRP spot ETF, following the SEC’s green light for Bitcoin and Ethereum ETFs.
“XRP is well-positioned to join this elite group of digital assets,” Long stated, pointing to Ripple’s ongoing efforts to integrate blockchain technology into mainstream financial systems.
Long’s comments align with a growing trend of institutional interest in regulated crypto products. An XRP spot ETF would mark a significant milestone, further boosting Ripple’s visibility in the financial sector.
Ripple’s Strategic Vision
Ripple’s collaboration with Chainlink is more than a tech upgrade; it’s a statement of intent. The company is leveraging trusted infrastructure to position RLUSD as a key player in DeFi while advocating for broader adoption of blockchain-based financial solutions.
As RLUSD gains traction and Ripple pushes for regulatory clarity, 2025 is shaping up to be a pivotal year for the company and the crypto industry at large.
