$XRP
Ripple's 'beloved' stablecoin RLUSD has finally entered the DeFi top tier Aave V3! Although it seems a bit quiet right now, the ambition behind it is not small, especially in the big game of cross-border payments.
Currently, RLUSD has opened lending in Aave V3's Ethereum pool, with a supply cap of 50 million dollars and a borrowing limit of 5 million dollars. However, awkwardly, the pool utilization rate is currently 0%, and the interest rate is also 0%, without even a splash. But RLUSD has a market cap of 293 million dollars, and the total trading volume has surged to 10 billion dollars～
Ripple has made it clear that RLUSD's main battlefield is enterprise-level applications, especially cross-border payments! After all, RippleNet has already teamed up with over 300 banks globally, with institutions like Santander Bank and American Express on board. Now, integrating RLUSD into the payment system, the transfer speed is expected to soar (instantaneous arrival + transaction fees so low they can be ignored?).