The launch of RLUSD followed its approval from the New York Department of Financial Services, prompting Ripple to accelerate its initiatives in the crypto space.

To enhance the utility of RLUSD, Ripple has partnered with Chainlink, adopting its standard to provide high-quality pricing data on the Ethereum blockchain.

Jack McDonald, Ripple's SVP of stablecoin, emphasized the importance of reliable and transparent pricing for maintaining stability and trust in RLUSD within decentralized markets.

With Chainlink Price Feeds now live, developers can integrate RLUSD pricing data into DeFi applications, which is expected to accelerate its adoption in these markets.

This announcement comes on the heels of a successful year for stablecoins, driven by rising interest from financial service companies in blockchain technology.

Ripple is shifting its focus back to U.S. operations, buoyed by optimism regarding the Trump administration's potential support for the cryptocurrency sector.

Chainlink will provide high-quality price feed data and decentralized network services through its node operators, enhancing the credibility of RLUSD.

Ripple's CEO, Brad Garlinghouse, noted a significant increase in U.S. deals in late 2024, attributing this growth to the favorable 'Trump effect' on the crypto market.

RLUSD has already gained traction, as evidenced by increased exchange inflows and listings, including on Singapore's Independent Reserves exchange.

Ripple's stablecoin, RLUSD, launched in December 2024, is pegged 1:1 to the US dollar and operates on both the XRP Ledger and Ethereum, boasting a market capitalization of $77 million.

This partnership aims to improve decentralized finance (DeFi) applications by delivering real-time, tamper-proof pricing data essential for trading and lending activities.

As stablecoins evolve from speculative instruments to essential components of global finance, regulatory challenges remain a significant consideration.