Aave Labs, the software technology company behind the Aave protocol, recently launched a new institutional lending platform called "Horizon."
It makes it possible to use tokenized products as collateral, bringing together traditional finance and decentralized finance.
RLUSD's role in new platform
Notably, Ripple's highly regulated RLUSD stablecoin is a crucial piece of the new platform. It is meant to enable "a new era of efficiency for on-chain finance," the company said in a statement.
HOT Stories RLUSD Becomes Key Collateral Tool on Aave’s Horizon PlatformXRP: Emergency Price Break, Bitcoin (BTC): Losing $100,000 If This Breaks, New Ethereum (ETH) Height Next?Ripple CEO Presents His XRP Credit Card, BlackRock Buys Ethereum Dip, 500 Million Dogecoin Stuns Binance — Crypto News Digest Bitcoin Rockets 1,530% in Liquidation Imbalance in Crypto Bloodbath
Reece Merrick, the managing director of Middle East and Africa at Ripple, has commented that it is "great" to see the stablecoin "play a big role" in Horizon.
You Might Also Like
Mon, 07/28/2025 - 14:12 Ripple Stablecoin Supply Rockets in July With 122,500,000 RLUSD MintedByTomiwabold Olajide
As reported by U.Today, Aave originally made it possible for users to supply and borrow the RLUSD stablecoin in April. There was significant demand for the token, with $76 million worth of RLUSD being supplied in just one day.
In July, Jack McDonald, senior vice president of stablecoins at Ripple, stated that stablecoin growth was "exploding."
DeFi and TradFi
The new product has been designed to bridge DeFi with DradF by making it possible to tokenize various assets, such as U.S. Treasuries, corporate bonds, money-market funds, with the help of partners such as Superstate and Securitize.
Apart from RLUSD, Aave's new Horizon platform also supports Circle's USDC and Aave's native GHO.
From the get-go, there are several collateral options, such as Circle’s USYC yield fund and VanEck’s VBILL fund.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。