Chainlink announced via X on Wednesday that it has partnered with GSR, a global crypto trading firm and liquidity provider, to launch a stablecoin enablement program powering the next generation of institutional-grade stablecoins.
The program provides stablecoin issuers with access to Chainlink’s industry-standard oracle platform, including its data, interoperability, privacy, and compliance standards, alongside GSR’s capital markets expertise, liquidity provisioning, and go-to-market support.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up 0.4% over the past 24 hours and is trading at $14.90 at press time.
Hassan Maishera