Chainlink Helps Usual Improve Liquidity and Transparency

• Chainlink CCIP enables Usual to securely transfer assets across multiple blockchains using a burn-and-mint mechanism while maintaining stability.
• Usual enhances USD0 and USD0++ with Chainlink’s Price Feeds, Proof of Reserve, and CCIP for improved transparency and cross-chain interoperability.

Usual has taken a significant step into the world of tokenized assets by implementing the Chainlink standard. With regard especially to USD0 and USD0++, this action seeks to improve the transparency, utility, and interoperability of their assets. By using Chainlink’s key features like Price Feeds, Proof of Reserve, and CCIP, Usual makes cross-chain transactions safer and easier for users.

$1.2B+ TVL stablecoin issuer @usualmoney has upgraded to the Chainlink standard for USD0 & USD0++.

Price Feeds provide access to highly secure market data, while PoR provides transparency of reserves & CCIP enables seamless cross-chain token transfers.https://t.co/3uWYTr8UOC pic.twitter.com/K3q2kScGwB

— Chainlink (@chainlink) January 31, 2025

Ensuring Accurate and Reliable Pricing with Chainlink

Getting accurate and reliable pricing is one of the toughest problems in the digital asset market. Typical solutions for this are Chainlink Price Feeds, which compile information from several premium providers over hundreds of exchanges.

Not just that, but also price anomalies, manipulation, and risk of downtime that sometimes exist in the crypto market can all be filtered by this system. In this sense, the offered rates not only represent real-time but also the actual state of the market.

Moreover, usual gains from a system of independent operator nodes having undergone rigorous security procedures. This implies that the used pricing data is not dependent on a single source, therefore lowering the possibility of failure resulting from a single weak point in the system.

Reserve Guarantee with Proof of Reserve

Many people still have doubts regarding stablecoins that assert to have complete reserves. Usual uses Chainlink Proof of Reserve (PoR) to solve this issue, which allows a direct, real-time check of asset reserves supporting USD0 and USD0++.

Users of this technology can quickly find out whether USD0 indeed has enough reserve capacity. Stories concerning stablecoins abruptly losing their value because of opaque issuers are no more relevant. Direct blockchain verification of everything is possible without waiting for outside third-party reports.

CCIP: Seamless Cross-Network Access

Many cryptocurrency users wish to hassle-free use their assets on different blockchain networks. Thus, usual responses to this demand include Chainlink CCIP. This technique makes safe and quick USUAL transfer possible on blockchains, including Base and BNB Chain.

Interestingly, Usual applies CCIP’s burn-and-mint process, where tokens are burned on the origin network and minted in the same amount on the destination network. This maintains the token’s integrity and stability.

On the other hand, this system also features multilayer security under the Chainlink Decentralized Oracle Network (DON). Multiple DON networks, including the Risk Management Network, constantly monitor every CCIP activity, so every cross-chain transaction is repeatedly confirmed. This security technology eliminates any possibility for malicious transactions or exploitation.

Interoperability and Digital Assets’ Future

Usual seems to truly understand that the future of digital assets depends on interoperability, security, and transparency. By adopting Chainlink, Usual not only enhances the reliability of USD0 and USD0++ but also opens up new opportunities in the crypto ecosystem.

On the other hand, CNF previously reported that Chainlink Data Streams was launched on Scroll Mainnet on January 29, giving a new boost to decentralized financial applications.

As of press time, LINK’s price is trading at about $25.71 after rising 5.43% in the past 24 hours, therefore boosting its market cap to over $16 billion.

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