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Chainlink selected as official price oracle for openstandard’s $OUSD

  • Chainlink was selected as the official price oracle for openstandard’s $OUSD.
  • The pricing infrastructure covers lending, DEX and derivatives applications.
  • openstandard’s OUSD is the asset receiving Chainlink pricing support.

Chainlink has been selected as the official price oracle for openstandard’s $OUSD, supplying pricing infrastructure for lending, DEX (decentralized exchange) and derivatives applications. A price oracle provides market data to blockchain-based systems, helping smart contracts use asset valuations for financial transactions.

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