Openeden, a real-world asset tokenization platform, has introduced its integration with ChainLink, a widely known decentralized Oracle ecosystem. The combination considers adopting the $USDO Stablecoin chain hyperlink spare and cross-chain token (CCT) customary customary. The platform has revealed this integration to its official X account.
The tokenized RWA platform @openeden_X formally adopted the Cross-Chain Token (CCT) customary, permitting native switch of usdo stablecoin, which produces a cross-chain that may be transferred natively by way of ccip.https://t.co/dipcbvbbb1t.
Openeden additionally employs a strengthened chain hyperlink spare proof…pic.twitter.com/w6mmwu3xwe
– ChainLink (@ChainLink) March 14, 2025
Openeden adopts ChainLink's Cross-Chain Token Commonplace for $USDO
Openeden integrates ChainLink's cross-chain token customary for native switch of $USD throughout the blockchain. To this finish, Openeden is reportedly leveraging ChainLink's Cross-Chain Interoperability Protocol (CCIP). This growth arises amid growing demand for safe, streamlined cross-chain transfers, particularly for tokenized property that require excessive reliability and effectivity.
By using CCIP, these holding $USDO tokens can commerce property throughout chains with out the necessity for mediators or complicated bridging mechanisms. This ensures usability, flexibility and safety of the Stablecoin ecosystem. Other than bettering interoperability, Openeden has additionally built-in proofs of the spare mechanism of chain hyperlinks. For property that assist $USDO, permit the platform to offer real-time transparency.
ChainLink's backup proof will increase transparency and person belief
$USDO is supported from extremely safe, fluid real-world property such because the US Treasury invoice, in addition to spare repurchase agreements. The POR mechanism permits traders and shoppers to see full collateral for $USDO. This minimizes issues about addressing solaroctal insufficiency and in addition will increase confidence in stablecoin stability.
The platform pays appreciable consideration to the transparency of Stablecoin adoption, notably those who get collateral from conventional monetary merchandise. ChainLink's POR mechanism gives a tamper-proof on-chain verification mechanism that ensures upkeep of $USDO PEG. We additionally plan to include a series hyperlink value feed to incorporate Openeden's broader dedication to incorporating decentralized oracles. They supply tamper resistant and top quality pricing information, guaranteeing correct assessments together with unparalleled implementation of good contracts.
Setting unique requirements for transparency and interoperability within the digital asset sector
In accordance with Openeden, the mixing of the spare mechanism of chain hyperlinks and the cross-chain token customary has raised the $USDO place. So $USDO is about as much as be the following technology of Stablecoin, integrating the advantages of tokenized RWA, elevated transparency and interoperability. On this means, the broader digital asset scenario units distinctive requirements for additional driving customers.
