RLUSD Breaks Into DeFi with Listing on Aave

The RLUSD token, part of Ripple’s expanding stablecoin ecosystem, has officially launched on Aave’s V3 Ethereum Core Market. This launch comes shortly after Ripple’s foray into the stablecoin market and signifies a crucial step for the token’s prominence in decentralized finance (DeFi). Aave’s announcement has capped RLUSD’s total supply at 50 million while enabling borrowing up to 5 million, opening doors to new possibilities within DeFi.