StableX Makes Power Move: Acquires Chainlink Crypto in Bold Stablecoin Strategy

StableX just dropped a bombshell acquisition that's shaking up the crypto space.

The Strategic Play

They're snapping up Chainlink infrastructure in what insiders are calling a masterstroke for stablecoin dominance. This isn't just another crypto deal—it's a calculated power grab that positions StableX at the center of the digital finance revolution.

Oracle Integration Game-Changer

By bringing Chainlink's oracle network in-house, StableX bypasses third-party dependencies that have plagued other stablecoin projects. The move cuts through the noise of mediocre implementations that treat oracle services as an afterthought.

Market Positioning

While traditional finance giants are still figuring out blockchain basics, StableX executes what Wall Street analysts would call 'aggressive vertical integration'—if they understood crypto beyond Bitcoin price speculation.

This acquisition proves that in crypto, sometimes the smartest move isn't building from scratch—it's buying the pieces that actually work and making them yours.

Chainlink key for stablecoins: StableX

According to StableX, Chainlink is key for stablecoins for several reasons. For one, Chainlink provides real-time data that helps stablecoins remain pegged to their underlying assets across DeFi protocols. Moreover, Chainlink directly works on stablecoin proof-of-reserves. It also has several high-profile institutional partnerships, giving it credibility.

“With partnerships spanning Swift, UBS, S&P, and the U.S. Department of Commerce, Chainlink is rapidly becoming the data backbone of both decentralized and traditional finance. Holding a dominant 68% share of the decentralized oracle market, LINK was a must-own asset as we build the only pure-play portfolio dedicated to stablecoins,”

This acquisition follows StableX’s investment in FLUID. StableX did not disclose how many Chainlink tokens it bought in its press release.