UPFI Integrates Chainlink to Maintain USD Peg on Solana

UPFI Integrates Chainlink to Maintain USD Peg on Solana


CryptoNewsZ
2022-06-09 13:23:22

Chainlink’s recent integration with l Network will assist the stablecoin operations from multiple fronts. Primarily, the stable coin will receive real-time tamper-proof price feeds on the Solana mainnet. Initially, USDC/USD price feeds will be brought and referenced during mints and redemptions. After the de-pegging incident with Terras’s UST, the stablecoins are looking for ways to …