Stablecoin U adopts Chainlink as official data infrastructure

UnitedStables, the issuer of stablecoin U, announced it has adopted Chainlink (LINK) as U’s official data and cross-chain infrastructure. As a result, U can use Chainlink data feeds to provide accurate pricing information to more than 20 major lending protocols. The company also plans to use Proof of Reserve to disclose the reserves backing the stablecoin on a near-real-time basis, increasing transparency.