Ripple's enterprise stablecoin, RLUSD, is set to enhance its presence in decentralized finance (DeFi) by partnering with Chainlink to utilize its oracle network for reliable price feeds. This collaboration aims to facilitate access to transactional information for decentralized applications, positioning Ripple to compete in the growing institutional DeFi sector. Chainlink's infrastructure, which filters pricing data from numerous exchanges, addresses a critical barrier to institutional adoption by ensuring high-quality and tamper-resistant price data. Launched in December, RLUSD operates on both the XRP Ledger and Ethereum, maintaining a 1:1 value with the U.S. dollar, while emphasizing enterprise compliance and composability. The partnership will support the expected acceleration in stablecoin adoption over the coming years, providing essential on-chain data for DeFi users. Chainlink's reputation system further enhances the reliability needed for institutional risk management, aiding in building trust within decentralized markets.

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