The native token of oracle network Chainlink (LINK) pulled back slightly on Friday, establishing a higher low, posting a 6.7% gain this week. The price action has been supported by a string of news headlines about institutions and protocols tapping Chainlink's services.

Plasma (XPL) said on Friday it has joined Chainlink Scale, adopting Chainlink's oracle services for its stablecoin payments-focused blockchain. The network has integrated Chainlink's Cross-chain Interoperability Protocol (CCIP), Data Streams and Data Feeds services, supporting developers to build stablecoin use cases on Plasma.

"By adopting the Chainlink standard and joining the Chainlink Scale program, Plasma is demonstrating how new layer-1 networks can launch with enterprise-grade stablecoin infrastructure from day one

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