The decentralized finance platform River has enhanced its cross-chain stablecoin infrastructure by integrating Chainlink oracles for accurate pricing.
Integration of Chainlink Oracles
River now leverages Chainlink's decentralized oracle network across BOB, Arbitrum, Base, and BNB chains. Chainlink provides tamper-resistant pricing data that prevents manipulation.
Ensuring Accurate Collateralization
By using market prices from Chainlink, River reduces the risk of liquidation errors and allows users to safely access liquidity across chains. A River spokesperson stated, "The precision of asset pricing is critical for our omni-CDP system."
Safe Cross-Chain Liquidity
The integration supports River's broader mission of building a chain-abstraction stablecoin ecosystem, enabling users to mint satUSD on supported chains, keeping collateral secured on the original chain.
The integration of Chainlink into River's platform enhances its capabilities, increasing confidence among DeFi users and institutional participants in cross-chain liquidity and asset management.
