Ripple plans to implement RLUSD in the DeFi sector

Ripple and Chainlink have teamed up to introduce their stablecoin RLUSD into the world of decentralized finance (DeFi). This move opens up new opportunities for the use of cryptocurrency in everyday payments and corporate transactions.

RLUSD, launched in December, has already ranked 724th on CoinGecko, with a market capitalization of $72.2 million. This demonstrates the growing interest in the stablecoin, which is positioned as a universal tool for various financial operations.

Ripple began testing RLUSD back in April, and since then, the company has been actively promoting this asset. Ripple CEO Brad Garlinghouse stated at that time that RLUSD will become the new standard for the corporate sector, offering reliability and convenience for payments, as well as the potential for participation in DeFi and other financial innovations.