Paxos and Chainlink strengthen Payusd by integrating price feeds

• Paxos and Chainlink integrate Pyusd's chainlink price feed and thus increase its trust and use.
• The safety functions of Chainlink promote the acceptance of PYUSD by ensuring precise and reliable data.
• The cooperation between Paxos and Chainlink marks a milestone in the further development of tokenized assets and the scaling of on-chain financing.

PAXOS, a leading regulated blockchain infrastructure and tokenization platform, has closed a partnership with Chainlink, the usual Oracle network, to promote the introduction of PYUSD. By integrating a PYUSD chainlink price feed into the Ethereum-Minnet, users have now accessed high-precision and decentralized market data for Pyusd.

This cooperation represents an important milestone in the further development of the use of token-like real assets (RWAS) and the global scaling of on-chain financing.

chainlink drives the introduction of Pyusd ahead

The market -leading security functions of Chainlink play a crucial role in the introduction of Pyusd. Since applications and users need high-quality, manipulation-proof market data in the entire defi area, Chainlink Price Feeds ensure the accuracy and reliability that are required to build safe markets around PYUSD. This integration not only helps to attract initial liquidity, but also promotes the ecosystem -wide acceptance by providing transparent and decentralized price data in the chain

By using the decentralized network of Chainlink, PYUSD users can trust the stability and integrity of the stable coin during their transactions. Chainlink-price feeds offer important functions such as high-quality data from premium aggregators, safe node operators, decentralization at different levels and a scale effect. These functions jointly contribute to improving the security, reliability and transparency of the PyusD ecosystem and pave the way for its widespread introduction in the smart-contract ecosystem.

since Paxos enables PYUSD to output Pyusd in the chain, and Chainlink provides the safe, reliable and decentralized prices required for the introduction, the cooperation between these industry leaders marks a significant milestone in the further development of the tokenized economy and the modernization of the global financial system.

This integration not only strengthens the role of blockchain technology in the revolutionization of digital financial system, but also underlines the potential of stablecoins such as Pyusd, which promotes financial inclusion and interoperability in various sectors.

Overall, the cooperation between Paxos and Chainlink promises to accelerate the introduction of Pyusd and contribute to the growth of the tokenized economy at a global level.