Ripple’s RLUSD Stablecoin Grows $76M in Four Days on Aave
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Planet Daily News: According to official data, Ripple's RLUSD stablecoin has reached a deposit volume of $76 million within just four days of listing on the Aave V3 Ethereum Core market. RLUSD was integrated into Aave on April 21, supporting user deposits and lending, demonstrating rapid early adoption. RLUSD is backed 1:1 by US dollar reserves and government bonds, focusing on compliance and transparency, aiming to innovate cross-border payments through stablecoins and enhance its application in DeFi and traditional finance.
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