Demex Daily #322: Ripple Partners with Chainlink to Expand RLUSD in DeFi

What’s Interesting Today:

Ripple is partnering with Chainlink to integrate its price feeds into the RLUSD stablecoin, aiming to expand its use in DeFi. This collaboration enables RLUSD to access reliable, tamper-resistant price data for trading, lending, and other financial services, positioning it for institutional DeFi adoption. RLUSD operates on the XRP Ledger and Ethereum, maintaining a 1:1 USD value while emphasizing compliance and interoperability with decentralized apps.

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Metis has launched the DSEQ Reboot, a campaign to enhance its DeFi ecosystem by integrating Decentralized Sequencers (DSEQ) with Liquid Staking Tokens (LSTs). This initiative aims to realign incentives, boost liquidity, and provide sustainable rewards for users and projects. ENKI, a key Metis partner, leads the reboot with its proven track record in stabilizing liquidity and expanding token utility. The DSEQ Reboot sets a new standard for decentralized infrastructure, focusing on value flow, ecosystem sustainability, and user engagement, while paving the way for future integrations and innovations within DeFi.