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π DeFiπ’ Bullish
RedStone Oracle Infra Goes Live on Stellar to Boost DeFi on the Network
π€AI Summary
RedStone Oracle infrastructure has launched on Stellar, aiming to enhance DeFi capabilities on the network. This development comes as Real World Asset (RWA) distributed value on Stellar has recently surpassed the $1.3 billion milestone, indicating growing adoption of the platform.
Key Takeaways
- βRedStone Oracle infrastructure is now live on Stellar network to support DeFi growth.
- βReal World Asset distributed value on Stellar has crossed $1.3 billion, showing significant adoption.
- βThe oracle integration aims to provide reliable price feeds for DeFi applications on Stellar.
- βThis development positions Stellar as a more competitive platform for decentralized finance activities.
- βThe timing aligns with Stellar's growing RWA ecosystem momentum.
Read Original βvia The Defiant
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