Ripple’s RLUSD stablecoin integrates with Aave, providing new lending and borrowing opportunities in the DeFi ecosystem - IcoHolder.

Ripple’s dollar-pegged stablecoin RLUSD has taken a major step forward in its adoption journey with a new integration into Aave, the largest decentralized lending protocol by total value locked. Announced on April 22 via X, the integration allows Aave users to supply and borrow RLUSD, with lending and borrowing pools initially capped at $50 million and $5 million, respectively.

This marks a pivotal moment for RLUSD as it gains a foothold in the DeFi ecosystem through a partnership with a key industry player. Aave operates across 16 blockchains, including Ethereum, Base, Optimism, and Arbitrum, providing RLUSD immediate access to a wide network of users and liquidity.

The Aave listing follows Ripple’s recent acquisition of non-bank prime broker Hidden Road, which plans to use RLUSD as collateral and leverage the XRP Ledger for post-trade settlement. This move further positions RLUSD as a bridge between decentralized finance and traditional markets.

Backed by regulatory approval from the New York State Department of Financial Services, RLUSD is promoted as an enterprise-grade stablecoin combining fiat stability with blockchain efficiency. Its use cases include global payments, crypto on/off ramping, and tokenized real-world asset access.

Launched in December, RLUSD has steadily expanded its presence in the crypto space. It is now available on major exchanges such as Uphold, MoonPay, CoinMENA, ArchaxEx, Bitso, and Kraken. With a market cap of $294 million, RLUSD is currently the 12th largest stablecoin, having overtaken EURC.

As Ripple continues to push RLUSD deeper into both DeFi and institutional markets, the stablecoin is quickly becoming a serious contender in the competitive stablecoin landscape.