Palladium has adopted the Chainlink data standard to help secure its Bitcoin-backed stablecoin deployed on Chainlink Scale member Botanix Labs.
Chainlink announced on Tuesday via X that Palladium has adopted the Chainlink data standard to help secure its Bitcoin-backed stablecoin deployed on Chainlink Scale member Botanix Labs.
Chainlink Price Feeds deliver high-quality data to help ensure accurate pricing for collateralized debt positions on Palladium.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 2.6% over the past 24 hours, trading at $16.34.
Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.
