Hassan Maishera
Chainlink announced via X (formerly Twitter) on Wednesday that Tangible, an ecosystem for tokenized real-world assets, has integrated Chainlink Proof of Reserve (PoR) on Polygon mainnet.
The Chainlink PoR will help secure Tangible’s native-yield stablecoin backed by tokenized real estate, Real USD (USDR). By leveraging Chainlink PoR as the best-in-class service for monitoring reserves, Tangible is able to help ensure that USDR is sufficiently backed by tokenized, yield-producing real estate.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 5% over the past 24 hours and is trading at $7.767 at press time.
