XRP Holders Can Now Borrow RLUSD on Ethereum via $280M Lending Pool

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XRP holders now have the ability to borrow Ripple's stablecoin RLUSD using their XRP as collateral on the Ethereum network. The arrangement is facilitated through a $280 million lending vault that previously had not accepted any XRP-linked asset. This development allows XRP holders to access liquidity without needing to sell their holdings. The move marks a notable integration between the XRP ecosystem and Ethereum-based decentralized finance infrastructure.

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