Data provider RedStone deployed oracles on the Stellar mainnet. Developers gained access to 17 price feeds, including Bitcoin, Ether, and stablecoin quotes.
The company stated that this launch meets the blockchain's demand for reliable data sources to support complex financial products.
RedStone's infrastructure passed two independent security audits by Zellic and Veridise. The provider's solutions secure over $8.5 B in total value across various networks and actively power more than 180 crypto protocols.
Development of Tokenized Markets
Special emphasis is placed on bringing real-world assets on-chain. RedStone began broadcasting data for Franklin Templeton's BENJI fund.
The provider plans to add support for Blend, Centrifuge, and Solv products, alongside EtherFuse and Brale assets. This toolkit will enable the launch of fully-fledged lending protocols and decentralized exchanges on Stellar.