Ripple's RLUSD stablecoin has launched on Aave's Horizon platform, enabling institutional borrowers to use it alongside USDC and GHO for borrowing against tokenized real-world assets (RWAs) like U.S. Treasurys and collateralized loan obligations. This integration, part of Aave Labs' newly launched Horizon platform, aims to bridge decentralized finance (DeFi) with traditional finance (TradFi) by providing a permissioned, capital-efficient borrowing infrastructure with 24/7 access and compliance features.
The platform, built on Aave V3, unlocks over $25 billion in tokenized RWAs previously siloed in legacy systems, enhancing their liquidity and utility. Key partners include Circle, VanEck, Chainlink, and WisdomTree, with Chainlink's SmartData infrastructure enabling real-time valuations of tokenized funds via Onchain NAV data for automated, overcollateralized lending.
Stani Kulechov, Founder of Aave, emphasized that Horizon delivers "the infrastructure and deep stablecoin liquidity that institutions require to operate onchain, unlocking 24/7 access, transparency, and more efficient markets." No funding details were disclosed, indicating a strategic focus on long-term growth rather than short-term gains. Supported assets at launch include tokenized funds like Superstate's USTB and Centrifuge's JAAA.