Ripple Exec Lauds RLUSD’s Success on Aave Platform

Reece Merrick, Ripple’s Senior Executive Officer/Managing Director for Middle East and Africa, has voiced his enthusiasm over the recent milestone achieved by RLUSD stablecoin. The achievement is attributed to Aave’s Horizon platform, which allows institutions to borrow stablecoins against tokenized assets. This move enables efficient cross-market flows as RLUSD plays a crucial role within this framework.