Read the full article at coingape.com. Read the full article at coingape.com.

Chainlink Reserve Tops 150,770 LINK Tokens Following Latest Purchase

3 min read

The recently announced Chainlink Reserve is already off to a solid start, barely two weeks since its launch. The Chainlink network just released an update, revealing that it has added more tokens to the reserve.

Advertisement
Advertisement

The network revealed in its latest update that it added 41,105.84 LINK tokens to the Chainlink reserve. An amount worth just over $1 million in fiat value. According to the reserve data, the total number of coins in the reserve now stands at 150,770.02 LINK, valued at roughly $3.8 million.

Chainlink reserve Source: Chainlink reserve tracker

This development comes just two weeks after the network launched the reserve initiative. The team had stated back then that it would accumulate tokens using real revenue from institutional users and protocol-level services.

If the network maintains a similar or thereabout rate of deposits into the reserve, then LINK reserves may impact price action. Nevertheless, the deposits could see a significant acceleration down the road as the Chainlink network achieves more adoption and utility.

The market reacted with a LINK rally when news of the Chainlink reserve broke out earlier this month. This latest update did not yield any significant impact on LINK price action.

The LINK price tanked by about 5% in the last 24 hours. This sell pressure occurred after facing short-term resistance near the $27 price level, after a 66% rally from its lowest price point in August.

LINK Daily Chart Source: TradingView; LINK Daily Chart
Advertisement
Advertisement

Chainlink also announced that it is now compliant with the ISO 27001 and SOC 2 standards. It is the first on-chain oracle services provider to secure this level of compliance.

This achievement marked a key milestone in the network’s plans for institutional partnerships in the financial industry. The two are reportedly the gold standards that banks require to conduct business on-chain. Hence, the certifications will elevate Chainlink to the trust level necessary for secure banking-related operations.

The compliance certification thus marks a pivotal moment, especially now that banks have been pushing aggressively towards WEB3. The development underscored the potential for Chainlink to onboard some of the biggest banking institutions. An outcome that could generate more revenue for the network, which will, in turn, push for higher allocation into the Chainlink reserve.

These developments highlight more growth potential for Chainlink, which could also super-charge LINK’s potential upside. Especially considering that the integration of Chainlink services with banks will generate more revenue.

Market Opportunity
Chainlink Logo
Chainlink Price(LINK)
$9.67
$9.67$9.67
-0.82%
USD
Chainlink (LINK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Three dormant wallets, suspected to belong to the same entity, purchased 5,970 ETH eight hours ago.

Three dormant wallets, suspected to belong to the same entity, purchased 5,970 ETH eight hours ago.

PANews reported on February 4 that, according to Lookonchain monitoring, three wallets that had been dormant for four years (likely controlled by the same entity
Share
PANews2026/02/04 11:36
NVIDIA Stock Price Analysis as OpenAI Issues Concerns About its Chips

NVIDIA Stock Price Analysis as OpenAI Issues Concerns About its Chips

Key Insights NVIDIA stock started the week in the red. It crashed by over 2%. Meanwhile, the S&P 500, Dow Jones, and Nasdaq 100 moved close to their all-time highs
Share
Themarketperiodical2026/02/04 11:27
Ondo Finance Launches USDY Yieldcoin on Stellar, Bringing Tokenized U.S. Treasuries to Users

Ondo Finance Launches USDY Yieldcoin on Stellar, Bringing Tokenized U.S. Treasuries to Users

Ondo Finance, a U.S.-based digital asset firm specializing in bringing traditional financial products on-chain through tokenization, is expanding its yieldcoin USDY to the Stellar network. This lates update marks a step forward in merging tokenized real-world assets with a global payments infrastructure, unlocking new opportunities for users worldwide. The announcement was made at the Stellar Meridian event in Copacabana, Rio de Janeiro, on September 17. USDY Joins the Stellar Ecosystem Ondo Finance, a recognized leader in tokenized real-world assets, announced the deployment of United States Dollar Yield (USDY) on Stellar, the payments-focused blockchain known for speed and low transaction costs. USDY is the most widely available “yieldcoin,” offering investors access to onchain assets backed by U.S. Treasuries. This launch allows Stellar’s global user base to tap into permissionless, yield-bearing assets tied to one of the safest financial instruments in the world. It also aligns with Stellar’s mission of driving fast, affordable cross-border payments. Combining Yield with Payments Infrastructure “Stablecoins unlocked global access to the U.S. dollar. With USDY, we’re taking the next step by bringing U.S. Treasuries onchain in a form that combines stability, liquidity, and yield,” said Ian De Bode, Chief Strategy Officer at Ondo Finance. “Fast, affordable cross-border payments are at the center of what Stellar was designed to do. The global reach of the Stellar ecosystem combined with a yield-bearing asset like USDY levels up what is possible onchain, allowing wallets and businesses to offer yield opportunities to their users,” said Denelle Dixon, CEO of the Stellar Development Foundation. Ondo claims by pairing USDY with Stellar’s infrastructure, new possibilities open up in treasury management, collateralization, and everyday financial applications. Unlocking Institutional and Retail Use Cases USDY currently manages over $650 million in total value locked (TVL) across nine blockchains and offers a 5.3% APY. By launching on Stellar, Ondo Finance extends these benefits to global retail and institutional users. The firm explains balances on Stellar can now become productive, supporting use cases such as onchain savings, institutional treasury strategies, cost-efficient collateral for DeFi protocols, and remittance flows that carry yield rather than remaining static. A Milestone for Tokenized Treasuries With the integration of USDY, Stellar users gain more than just access to stable-value assets—they gain access to institutional-grade yield. For investors outside the U.S., the launch represents a new way to combine the safety of Treasuries with the accessibility of blockchain technology. As tokenization accelerates globally, Ondo Finance’s decision to deploy USDY on Stellar reinforces the narrative that blockchain is not just about speculation, but about reimagining the global financial system through secure, yield-bearing digital assets
Share
CryptoNews2025/09/18 00:46