Blocklender Integrates RLUSD to Support Lending on the XRP Ledger

Techub News, According to Chainwire, Blocklender has announced support for RLUSD as a deposit asset. Users can earn 12% annualized yield (compounded daily) on their deposits, the same as the XRP deposit rate, with no lock-up period and the ability to withdraw at any time. The platform adopts an over-collateralization model, with all transactions recorded on the XRP Ledger for public auditability. This integration expands its lending infrastructure into the stablecoin space, offering holders an on-chain yield option without exposure to price volatility risks.