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Ripple's RLUSD stablecoin launched on Aave

Ripple's RLUSD stablecoin launched on Aave

RLUSD got off to a confident start and attracted nearly $19M into its Aave lending pool and $4.68M in borrowings. The growth came after a sluggish start, when for almost a whole day the pool held just $360

 

On April 21, Aave announced in an X post that RLUSD can be lent and borrowed on the Aave V3 Ethereum Core marketplace. The $RLUSD supply cap is set at $50M, and the borrow cap is set at $5M

 

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