Ripple’s ecosystem has recently seen significant advancements in the world of cryptocurrencies. Coinbase exchange has recently launched XRP futures contracts on its US-based derivatives platform regulated by the CFTC. These contracts are offered in two formats: a standard type for institutional investors and a ‘nano’ version for regular users. Furthermore, Ripple’s stablecoin RLUSD has entered the main market of the Aave protocol, the largest decentralized lending platform. Users can now supply RLUSD or borrow against it, increasing its availability on the network. Since its launch in December, the market value of this stablecoin has reached around $294 million. These events indicate that the Ripple ecosystem is experiencing serious growth, attracting more attention from major market players to XRP than ever before.
