Aave LabsNew Corporate Credit Protocol, which brings together traditional finance and crypto currency -based decentralized finance under the same roof on 27 August Horizon‘ announced. The protocol stands out with the possibility of using tokenized products as collateral. Ripple 
$0.009114Stablecoin organized in a statement from Rlusdin the center of this structure stated.
In the center of Rlusd Coin Horizon
According to a statement from Aave Labs RlusdIt stands out as one of the most critical tools that increase productivity in the Horizon protocol. Ripple’s Middle East and African Director Reece MerrickHe said he saw Stablecoin’s inclusion in this scale as an important development.
The integration of Rlusd into Horizon will not only increase liquidity, but also compatible with the regulations. crypto currencyIt will also facilitate the use of corporate scale. This fiction paves the way for the safe representation of traditional investment instruments in Blockchain.
Recently, Rlusd’s usage areas are increasing rapidly. Aave again in April, Rlusd coinIt allowed to be presented as a guarantee and Rlusd, worth $ 76 million in just one day, was supplied. Ripple’s senior manager of the stablecoin unit Jack McDonald In a statement in July stablecoin marketHe stressed that the growth reached the explosion point.
Will serve as a bridge between defi and traditional finance
Horizon The main objective of the protocol is to make financial instruments to which corporate investors are accustomed to crypto currency -based solutions. Aave, Superstate And Securitized Together with collaborators, such as US Treasury bonds, company bonds and money market funds, such as tokening assets. Thus, a more transparent, faster and accessible financial infrastructure is created for corporate actors.
The protocol is not only connected to Rlusd. Circle’s USDC Stablecoin and Aave’s own stablecoin Gho Among the assets supported in Horizon. Also Circle’s USYC return fund and vaneck Vbıll fund There are also alternative collateral options such as. This diversity, which is provided in the protocol, allows users to carry out risk management more flexible.
Moreover, Horizon’s design is separated from its peers by combining Defi’s speed and transparency with traditional finance with security and institutional standards. The initiative of Aave Labs is seen as an important turning point for the broader institutional acceptance of crypto currency -based finance.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
