Ripple’s Stablecoin RLUSD Joins Aave V3 with $50M Supply Cap
The post Ripple’s Stablecoin RLUSD Joins Aave V3 with $50M Supply Cap appeared first on Coinpedia Fintech News
Ripple’s dollar-pegged stablecoin, RLUSD, has officially launched on the Aave V3 Ethereum Core Market. Users can now supply and borrow RLUSD, marking a new step in Ripple’s entry into the decentralized finance (DeFi) space.
The listing comes with a supply cap of $50 million and a borrow cap of $5 million. Although the current utilization rate sits at 0%, and no borrowing activity has been recorded yet, the stablecoin’s availability on Aave is seen as a key move for unlocking DeFi liquidity.
Early Signs of Market Interest
Despite the quiet start, early trading volume and TVL (total value locked) indicators show signs of interest. Community sentiment is largely positive, with many praising RLUSD’s potential to diversify away from dominant stablecoins like USDT and USDC.
Some traders are already eyeing short-term yield opportunities, a common trend when new pools launch on Aave. With additional liquidity incentives and interest structures expected soon, analysts believe RLUSD could attract more users in the coming weeks.
Targeting Enterprise and Cross-Border Payments
RLUSD isn’t just another stablecoin—it’s part of Ripple’s big strategy. The token is already integrated into Ripple’s payment ecosystem, aiming to support enterprise applications and cross-border transactions. RLUSD has already hit a market value of over $293 million and processed over $10 billion in transactions.
Its arrival on Aave opens new doors for utility in DeFi, especially as institutional interest in blockchain-based lending continues to grow. With Ripple pushing forward and the community watching closely, RLUSD may soon become a serious player in the stablecoin space.
Why SUI, Solana’s Biggest Rival, Could Skyrocket to $10 – Here’s Why!
The post Why SUI, Solana’s Biggest Rival, Could Skyrocket to $10 – Here’s Why! appeared first on Coi...
National Trump Bitcoin Reserve to Launch in 2025? Kalshi Predicts a 50% Chance
The post National Trump Bitcoin Reserve to Launch in 2025? Kalshi Predicts a 50% Chance appeared fir...
Ripple’s Massive $4M Gift to Trump Inauguration Draws Scrutiny
The post Ripple’s Massive $4M Gift to Trump Inauguration Draws Scrutiny appeared first on Coinpedia ...