Rippleโs Stablecoin RLUSD Just Leveled Up in DeFi ๐๐ธ
Ripple's dollar-pegged stablecoin RLUSD is making serious moves in the DeFi world โ now officially integrated into Aave ๐ฆ๐, the largest decentralized lending protocol on the planet ๐
What does this mean?
Users on Aave can now supply and borrow RLUSD ๐ต โ with a $50M cap on lending ๐ฐ and $5M on borrowing ๐งพ
This isnโt just another listing. Aave spans 16 blockchains ๐ง โ๏ธ like Ethereum (ETH), Base, Arbitrum, and Optimism โ opening the doors for RLUSD to scale fast and wide โ๏ธโก
And it doesnโt stop there...
Ripple just acquired Hidden Road ๐ฃ๏ธ๐ฆ, a prime broker that will now use RLUSD as collateral ๐งฑ and settle trades via the XRP Ledger ๐๐ โ boosting RLUSDโs role in DeFi + TradFi ๐
Backed by regulatory approval โ from the New York State Department of Financial Services ๐๏ธ, RLUSD is now live on exchanges like Kraken ๐, Uphold, MoonPay ๐, and Bitso โ with a market cap nearing $294M ๐น making it the 12th largest stablecoin ๐ฅ
Enterprise-ready โ | DeFi-active ๐ | Regulation-cleared ๐ก๏ธ
RLUSD is shaping up to be Rippleโs secret weapon in the stablecoin war โ๏ธ
#Ripple #RLUSD #DeFi #AAVE #SaylorBTCPurchase
๐ฅ Use Cases:
๐ Global payments
๐ฆ On/Off crypto ramping
๐๏ธ Collateral for tokenized RWA markets
โ๏ธ Settlement across TradFi & DeFi
Stablecoin future looks real... real Ripple ๐