XRP holders have been granted access to a $280 million RLUSD lending pool on Ethereum, marking a significant development for XRP owners. This vault, which had previously not accepted XRP-linked assets, now enables holders to borrow RLUSD against their coins without selling them. Analysts note that this move is significant for XRP holders who wish to maintain ownership of their coins while still accessing liquidity on the Ethereum market. RLUSD is a stablecoin pegged to the US dollar, and its inclusion in the lending pool is expected to increase options available for lenders and borrowers alike.
Wikipedia / Ethereum XRP Holders Gain Access to $280M RLUSD Lending Pool on Ethereum
XRP holders can now borrow RLUSD on Ethereum without selling their coins, as a $280 million vault opens up to XRP-linked assets.
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