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Chainlink named official oracle for Open USD stablecoin backed by $1B liquidity from major firms

Market News
01 Oct 2026
Blockonomi
View Source
Bullish
Chainlink named official oracle for Open USD stablecoin backed by $1B liquidity from major firms

Chainlink has been named the official data oracle for Open USD (OUSD), a new stablecoin launched on multiple blockchains with over $1 billion in liquidity from Coinbase, Mastercard, Shopify, Stripe, and Visa. OUSD allows fee-free minting and burning one-to-one with the U.S. dollar and is accessible via major payment platforms. Aave Labs plans to add OUSD to its lending protocol, pending Chainlink oracle integration. Meanwhile, Chainlink's token (LINK) shows bullish technical signals, supported by recent institutional purchases from Grayscale and Bitwise.

Chainlink (LINK) trades at Rp256.933 on Pluang as of Oct 01, 2026 16:41 WIB, down slightly by 0.22% in one day. The token's market cap stands at Rp192,4 trillion with a 24-hour trading volume of Rp10,33 trillion. Meanwhile, Aave (AAVE) is priced at Rp2.965.139, up 3.09% in the same period, showing stronger short-term momentum on Pluang.

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