Chainlink News: United Stable Boosts LINK with $1 Billion Supply / Dashlink

NewsWed, 22 Jul 2026 09:15:24 UTC2 days ago

In Chainlink news today, LINK is trading near $8.60, down roughly -1.5% in 24 hours, after United Stables confirmed a full-stack adoption of Chainlink infrastructure, Data Feeds, Proof of Reserve, and a forthcoming Cross-Chain Interoperability Protocol (CCIP) integration, as its U stablecoin crossed $1Bn in circulating supply.

The move positions Chainlink as a critical settlement layer for a stablecoin already logging more than $2.5Bn in daily trading volume, and traders are watching whether this utility expansion can carry LINK through its current resistance band.

According to United Stables’ announcement, the integration was triggered by a security review that identified fragmented liquidity, unverified pricing, and bridge vulnerabilities as structural risks across legacy oracle infrastructure. Chainlink Data Feeds now supply decentralized pricing across more than 20 lending protocols connected to U, while Proof of Reserve gives counterparties on-chain cryptographic confirmation of the stablecoin’s collateral, a mix of cash, USDC, USDT, and USD1 held in segregated accounts.

… Continue reading the full article at the original source below.

Read from Source · coinspeaker.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (coinspeaker.com).

Related