{"id":23184,"date":"2025-04-22T13:01:50","date_gmt":"2025-04-22T13:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23184"},"modified":"2025-04-22T13:01:50","modified_gmt":"2025-04-22T13:01:50","slug":"ripples-rlusd-stablecoin-goes-live-on-aave-v3-ethereum-market","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23184","title":{"rendered":"Ripple\u2019s RLUSD Stablecoin Goes Live on Aave V3 Ethereum Market"},"content":{"rendered":"<div>\n<p>Aave users can start supplying and borrowing <a href=\"https:\/\/www.coindesk.com\/business\/2024\/12\/16\/ripple-to-roll-out-rlusd-stablecoin-on-dec-17-adds-former-central-bankers-to-advisory-board\">Ripple\u2019s RLUSD stablecoin<\/a> on the decentralized lending platform&#8217;s V3 Ethereum Core market, Aave said in a Monday post on X.<\/p>\n<p>The peer-to-peer loans market has a supply cap of 50 million RLUSD and a borrow cap of 5 million RLUSD.<\/p>\n<p>RLUSD is a <a href=\"https:\/\/www.coindesk.com\/learn\/whats-the-point-of-stablecoins-understanding-why-they-exist\">stablecoin<\/a> pegged 1:1 to the U.S. dollar offered on the XRP Ledger and Ethereum blockchain. It is fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and cash equivalents with each token matched by equivalent fiat value.<\/p>\n<p>Security features make RLUSD appealing to institutional users. An XRP Ledger amendment in January saw a \u201cclawback\u201d feature go live on the network, allowing the issuer to reclaim certain tokens, such as RLUSD, from users&#8217; wallets under specific conditions.<\/p>\n<p>Industry leaders say RLUSD may shift crypto market dynamics, with incumbents such as Tether&#8217;s USDT, the largest stablecoin, and Circle&#8217;s USDC, the No. 2, seeing competition from Ripple\u2019s product. It is also seen boosting closely related XRP\u2019s appeal among investors.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Aave users can start supplying and borrowing Ripple\u2019s RLUSD stablecoin on the decentralized lending platform&#8217;s V3 Ethereum Core market, Aave said in a Monday post on X. The peer-to-peer loans market has a supply cap of 50 million RLUSD and a borrow cap of 5 million RLUSD. RLUSD is a stablecoin pegged 1:1 to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23184","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23184"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23184\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}