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Ripple, XRP News: RLUSD Stablecoin Adoption Gets a Boost With Aave Market Launch

Summary by Coin Desk
Aave users can start supplying and borrowing Ripple’s RLUSD stablecoin on the decentralized lending platform's V3 Ethereum Core market, Aave said in a Monday post on X.The peer-to-peer loans market has a supply cap of 50 million RLUSD and a borrow cap of 5 million RLUSD.RLUSD is a stablecoin pegged 1:1 to the U.S. dollar offered on the XRP Ledger and Ethereum blockchain. It is fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and…

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Blockchain & Cryptocurrencies Tabloid broke the news in on Tuesday, April 22, 2025.
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