
Policy4 min read
Nexo Reaffirms EU Compliance
Nexo, a leading digital assets wealth platform, today reaffirmed product compliance across the European Economic Area (EEA), achieved ahead of MiCAR’s entry into force. The company operates w
Chainlink Steps In as Core Infrastructure for United Stables @Chainlink has been named the official data oracle and cross-chain infrastructure provider for @UTechStables, with the partnership

@Chainlink has been named the official data oracle and cross-chain infrastructure provider for @UTechStables, with the partnership aimed at broadening the reach of the $U stablecoin across decentralised finance on @BNBCHAIN.
The move gives the $U ecosystem access to Chainlink's price feeds, cross-chain messaging, and interoperability tooling. For a stablecoin focused on unified liquidity, reliable and tamper-resistant data infrastructure is a core requirement. Chainlink's network has enabled tens of trillions in transaction value and underpins a large share of DeFi activity globally.
According to BNB Chain, $U is the first stablecoin on BNB Chain to adopt a stablecoin-inclusive reserve model, allowing USD-backed stablecoins such as USDT, USDC, and USD1 to be used directly as minting collateral. The approach consolidates existing liquidity rather than competing for it. Crypto Briefing reports that $U is deployed on both BNB Smart Chain and Ethereum, offering immediate multi-chain access from launch.
All reserves are held in segregated accounts, verified through on-chain Proof-of-Reserve, and subject to independent quarterly audits. From day one, $U integrates with DeFi protocols including PancakeSwap, Aster, Four.meme, and ListaDAO, covering trading, liquidity provision, staking, and lending.
The Chainlink integration positions @UTechStables to scale $U across protocols within the BNB Chain ecosystem and, over time, beyond it. BNB Chain's total stablecoin supply has doubled to approximately $14 billion, and the network has consistently led all blockchains in monthly active addresses and transaction count for stablecoins. The Chainlink partnership gives $U the infrastructure backbone to compete in that growing market.
SourcesBNB Chain Blog: United Stables Launches $U as a Native Stablecoin on BNB ChainCrypto Briefing: U Stablecoin Launches on BNB Chain and EthereumGlobeNewswire: $U Stablecoin Launches on BNB Chain and Ethereum by United Stables