Ripple has formed a partnership with Chainlink to enhance the functionality and adoption of its stablecoin, Ripple USD (RLUSD), within decentralized finance (DeFi) applications.

This collaboration aims to provide essential pricing data for RLUSD across both the Ethereum network and the XRP Ledger.

The partnership is designed to facilitate efficient transactions and support various DeFi use cases for RLUSD, which is backed by the US dollar.

By leveraging Chainlink's decentralized oracle network, Ripple aims to ensure that RLUSD benefits from secure and accurate data, thereby strengthening its position in the rapidly evolving financial landscape.