Ripple’s RLUSD Gains Traction on Aave Horizon, Fueling DeFi Efficiency

Ripple’s RLUSD stablecoin has taken center stage on Aave Horizon, a platform that revolutionizes decentralized finance (DeFi) by enabling tokenized real-world assets as collateral. This latest development marks a significant step towards bridging traditional financial systems with the efficiency of blockchain technology. 122.5 million RLUSD were minted in July alone, reflecting rapid adoption across regions, including a record $24 million minted in Japan within just one week, illustrating its growing appeal in the crypto market.