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Woofun AI reports that UnitedStables has designated Chainlink as the official data and cross-chain infrastructure for its stablecoin U. The integration utilizes Chainlink’s decentralized oracle network to provide accurate pricing feeds to over 20 major lending protocols.
Additionally, the stablecoin employs Chainlink Proof of Reserve technology to disclose backing reserves on a near-real-time basis. This setup allows U to access tamper-proof price data directly on-chain, reducing risks associated with centralized data sources. The adoption of Proof of Reserve provides verifiable, on-chain attestations of assets, moving beyond traditional periodic audits to offer a dynamic view of reserve health.