Hassan Maishera
Chainlink announced via X on Wednesday that the restaking protocol, Kernel, with over $1.6 billion in TVL, has selected Chainlink as its official oracle provider for data and interoperability.
KernalDAO is integrating the Cross-Chain Token (CCT) standard for Kred and its newly launched KUSD stablecoin, making the tokens natively transferable across BNB Chain and Ethereum, powered entirely by Chainlink CCIP.
Kernel is also adopting Chainlink Price Feeds to support secure markets around KUSD and Chainlink Proof of Reserve to deliver near real-time verification of its collateral, significantly enhancing transparency for KUSD.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 2.55% over the past 24 hours and is trading at $17.28 at press time.
