Chainlink Powers $340M rwaUSD Stablecoin With 3 Key Tools

Chainlink Powers $340M rwaUSD Stablecoin With 3 Key Tools

Chainlink is a leading blockchain infrastructure provider that enables smart contracts to securely access real-world data, cross-chain connectivity, and off-chain computation. The expansion of blockchain infrastructure for real-world assets (RWAs) is ongoing, with various integrations seeking to bridge traditional finance and decentralized systems. The latest development is the utilization of Chainlink’s tech stack for a stablecoin, rwaUSD, wort…

Multipli Adopts Chainlink To Scale $340M+ rwaUSD Stablecoin

Multipli, the world’s first infrastructure designed to generate yield on tokenized real-world assets (RWAs), has adopted Chainlink’s industry-standard oracle infrastructure to scale the distribution of its $340M+ rwaUSD stablecoin across DeFi. Backed by compliant tokenized U.S. equities like TSLAx and NVDAx from xStocks, rwaUSD is designed to bring the stock market’s deep liquidity onchain. rwaUSD is a credit-backed stablecoin that represents th…