Ripple’s RLUSD Stablecoin Goes Live for Lending, Borrowing on Aave V3

• RLUSD debuts on Aave V3 with a $50M supply cap, but lending activity remains inactive.  
• Ripple’s stablecoin adoption climbs, hitting $293M market cap and $36M daily volume.  
• RLUSD now used in Ripple Payments, with U.S. lawmakers eyeing new stablecoin regulations.

Ripple’s US dollar-pegged stablecoin, RLUSD, gained new utility with support on the Aave V3 Ethereum Core Market. This allows institutional/DeFi users to supply/borrow RLUSD, although pool activity was minimal right after listing. The listing comes amid broader adoption of RLUSD, which has now surpassed a market capitalization of $293 million since its December 2024 launch.

Users can now supply and borrow RLUSD, @ripple's enterprise-grade stablecoin, on the Aave V3 Ethereum Core market. pic.twitter.com/miTyWpn66A

— Aave (@aave) April 21, 2025

Aave Integration Details and Early Activity

On Aave V3 (Ethereum), RLUSD has specific parameters: a 50M supply cap and 5M borrow cap. Initial on-chain data showed only 125 RLUSD supplied (<0.01% utilized), with reserve/liquidity at ~$125 and its oracle price stable at $1.00. Low utilization means the deposit APY is currently 0%.

Related: Ripple�…

The post Ripple’s RLUSD Stablecoin Goes Live for Lending, Borrowing on Aave V3 appeared first on Coin Edition.