Grove integrates with Aave Horizon to supply RLUSD and USDC liquidity
Another important step toward our mission of bridging DeFi and TradFi, continuing to scale credit onchain.
Overview
Grove is integrating with Aave Horizon, the new Aave market designed for institutions to borrow stablecoins against tokenized Real World Assets. Grove will supply RLUSD and USDC liquidity to help deepen the market for qualified borrowers. Pending governance approval.
Why this matters
Tokenized assets have scaled into the multi tens-of-billions, but value is unlocked when these assets finance real activity. Liquidity at the point of need creates better execution and turns tokenization into working capital for onchain finance.
What is Aave Horizon
Horizon is a lending market on Ethereum where qualified institutions post RWA collateral and borrow stablecoins. Stablecoin supply is permissionless for users who wish to earn yield from institutional borrowers. At launch, the market supports USDC, RLUSD, and GHO on the supply side, with collateral from issuers such as Superstate and Centrifuge. Chainlink NAVLink is used for collateral data, and risk analysis is provided by Llama Risk with Chaos Labs participation.
What Grove will supply
Grove will supply RLUSD and USDC to Horizon. This adds depth for RWA backed borrowing and gives Grove an additional venue to deploy stablecoins productively.
Why RLUSD alongside USDC
RLUSD is Ripple’s USD stablecoin, designed to be fully backed and redeemable 1:1, and natively issued on Ethereum and the XRP Ledger. BNY serves as the primary reserve custodian. Pairing RLUSD with USDC diversifies the stablecoin mix and can improve resiliency for the pool.
