How USDD’s $1.1B stablecoin supply taps Chainlink for cross-chain pricing

USDD, Tron’s [TRX] largest native stablecoin with over $1.1 billion in circulation, has officially adopted the Chainlink [LINK] data standard.

With this integration, USDD’s pricing will now be fully supported by Chainlink price feeds, providing real-time data access across the Ethereum [ETH] network, BNB Chain, and Tron.

Such a move puts Chainlink at the centre of USDD’s cross-chain pricing system. More importantly, this move highlights that stablecoin issuers are increasingly favoring decentralized, standardized data feeds.

Why the integration matters for Chainlink

Overall, integrating with the USDD ecosystem strengthens Chainlink’s position in stablecoin and cross‑chain infrastructure markets.

Because stablecoins operate across multiple blockchains, reliable price data is critical. By adding USDD as a client, Chainlink gains entry into a high‑value network, reinforcing its role as on‑chain usage continues to grow.

Notably, this project is also part of the larger trend of Chainlink adoption, in which more protocols turn to oracle solutions provided by Chainlink rather than using chain-specific feeds.

Analyzing LINK’s price action 

Against this backdrop, LINK was trading at a technically sensitive price level and was testing a key imbalance zone at around $12.811 at press time.

At the same time, the token’s Stochastic RSI on the daily chart was approaching an oversold region, pointing to a potential reversal ahead.

While price action itself is not confirmation of direction, the technical setup places LINK at a juncture where market participants would normally reassess positioning. 

The chance of a potential reversal in the near term cannot be neglected.

LINK price action analysisLINK price action analysis

Source: TradingView

Holder srowth and whale stability points to..

On-chain metrics give further insight. The number of LINK token holders has continued to increase over the past few weeks, indicating that while the pool of participants may be shrinking, the overall level of engagement remains consistent.

LINK number of holdersLINK number of holders

Source: Santiment

Meanwhile, the whales seem unaffected. The amount of LINK tokens held by whales has extended their stability above 500 million.

The lack of significant distribution shows that whales retain exposure as the adoption rate of the network increases.

LINK number of token held by whalesLINK number of token held by whales

Source: Santiment

Cumulatively, both Chainlink network adoption, holders’ sentiments, and supply held by whales, present a bullish long-term bias for LINK’s price action and add more significance to the current support zone.


Final Thoughts

  • LINK improves its long-term foundations as USDD adopts Chainlink price Feeds on multiple major blockchains.
  • The altcoin tests structural support, as the number of holders and the constant whale supply records significant gains.
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Source: https://ambcrypto.com/how-usdds-1-1b-stablecoin-supply-taps-chainlink-for-cross-chain-pricing/