The Currency Analytics
By Ayobami Abiola
Are Stablecoins prices really stable?
Chainlink’s LINK
Can Blockchain Technology attract more Adopters?
Stablecoins are backed by real fiat currencies that don’t really change in most cases- 1USD will always be 1USD no matter what.
Take for example stable coins like Tether (USDT), Paxos (PAX), etc., at some point, you can see that their price, despite been backed by USD, is supposed to remain 1USD for each…
Well, one of Chainlink’s biggest use cases is to deal with these inadequacies and it has been very successful doing.
Chainlink’s oracles help to infuse data such as feeds from market prices, IoT events, Traditional payments, or even from other blockchains into smart contracts so that when they…
In a recent announcement Chainlink stated:
“@NexoFinance, a leading loan provider with over $600MM in AUM, will use #Chainlink’s Price Reference Data to help calculate interest payments & perform collateralization…
Real-world use cases are exactly what the world needs now and blockchain-based projects like Chainlink are making things happen.