RLUSD Launches on Aave V3! Ripple Stablecoin Officially Joins the Ethereum Lending Landscape

The Aave V3 Ethereum market has officially supported Ripple's stablecoin RLUSD, allowing users to deposit and borrow. According to the official announcement, the supply cap for RLUSD is 50 million tokens, with a borrowing limit of 5 million tokens.

RLUSD is pegged 1:1 to the US dollar, fully backed by US dollar reserves and US Treasury bonds, and is compatible with both the XRP Ledger and Ethereum blockchain. Its unique security mechanism (such as the issuer-controlled "token recovery" feature) targets the needs of institutional users.

Industry analysis points out that RLUSD may compete with mainstream stablecoins like USDT and USDC, and could indirectly enhance the market attention on XRP. This launch is seen as a key step for Ripple in expanding its DeFi ecosystem.