The Ripple ecosystem sees remarkable momentum, with XRP and his RLUSD Stablecoin making important progress in the cryptomarket.
Coinbase provides an overview of XRP -Futures
On April 21, Coinbase entered XRP Futures contracts on its US Derivatives platform. These contracts, regulated by the Commodity Futures Trading Commission (CFTC), offer traders a conforming way to gain access to XRP without actively retaining it directly.
With futures contracts, investors can speculate about future price movements or cover positions.
According to Coinbase application, the stock market introduced two XRP -Future contracts: standard contracts with 10,000 XRP for institutional players and “nano” contracts consisting of 500 XRP or approximately $ 1,000 each, tailor -made for private participants. Both contracts use the market vector Coinbase XRP index as a benchmark and settle in American dollars.
This list places XRP in addition to other large cryptocurrencies such as Bitcoin, Ethereum and Solana on the derivatives platform of Coinbase.
In the meantime, the launch also arrives in the midst of a rising wave of institutional interest in XRP, according to the introduction of various XRP -based financial products in recent weeks.
Rlusd Stablecoin taps in Defi via an aave
Ripple’s new Stablecoin, RLUSD, also marked an important milestone with its integration into the V3 Ethereum -core market of Aave on the same day.
According to the x afterAave, the largest decentralized credit protocol on total value locked (TVL), now enables users to deliver and borrow RLUSD. The loan pool is off to $ 50 million and the loan pool is limited to $ 5 million.
Aave’s support is an important development for RLUSD, given the influence of the protocol in Defi. Aave works in 17 blockchain networks, including Ethereum, Sonic, Base, Optimism, Polygon and Arbitrum. So this integration offers RLUSD-Braootstelling to a wider user base on chains.
However, the activity is modest, with only $ 241 delivered and a user percentage of approximately 41%.
Nevertheless, the movement paves the way for RLUSD to expand within Defi applications. Since the launch in December, the Stablecoin has grown into a market capitalization of $ 294 million, fed by an increased trade volume and new partnerships.
