Hope.money recently made the official announcement about joining the Chainlink BUILD program.
The distributed stablecoin project released an official post to confirm the news. According to the post, Hope.money will use the integration to achieve adoption of the HOPE ecosystem. The integration will assist Hope in leveraging Chainlink’s technical support and Oracle services.
Hope.money’s founder, Flex Yang, also talked about the recent development. According to Yang, everyone at Hope is thrilled to be joining the Chainlink BUILD program. The team will gain enhanced access to world-class technical support, a high-tech cryptoeconomic model, and enterprise-grade Oracle services.
Stablecoins remain one of the most engaging Web3 applications. Since this digital asset needs unmatched reliability and security, Chainlink emerges as the ideal partner for Hope.money. The stablecoin project will use this opportunity to create the next generation of money, driving innovation and growth within HOPE.
Hope.money is known for bridging TradFi, DeFi, and CeFi projects within its ecosystem. It features a distributed stablecoin token, HOPE, backed by ETH and BTC reserves. The platform aims to offer transparent and friction-free next-generation financial services and infrastructure to everyone.
The one-stop ecosystem offers several use cases for HOPE, such as custody lending, settlement, clearing, and swap. At the same time, it incentivizes users to partake in community governance and ecosystems via LT tokens.
Hope.money joined the BUILD program to use the reliability and security benefits that Chainlink’s Oracle infrastructure offers. As a member of the program, Hope can enjoy several benefits, such as ChainLink PoR (Proof-of-Reserve) using Price Feeds.
Hope will establish a strong set of tools and protocols with the program. And given the popularity of the platforms, the integration is expected to be a massive hit.