Ripple RLUSD Japan, Circle ARC Deep Dive, Aave Arbitrum $875M

Welcome to The Daily Yield – your trusted daily source for stablecoin and industry news, powered by Stabledash and hosted by Zach Fowler.

Today's Stories:
- Ripple Launches RLUSD in Japan: Ripple partners with SBI Holdings to distribute RLUSD via SBI VC Trade, targeting a trillion-dollar Japanese stablecoin market with a compliance-first approach.
- DBS Bank Tokenizes on Ethereum: Singapore's DBS Bank launches tokenized structured notes on Ethereum in partnership with ADDX, DigiFT, and Hydrax, signaling the next frontier of institutional-grade crypto assets.
- Aave Reaches New Highs on Arbitrum: Aave surpasses $875M in total borrows on Arbitrum—making it the top Layer 2 market for DeFi lending and reflecting surging demand for efficient leverage.
- Circle unveils ARC, a stablecoin-centric Layer 1, with institutional RFQ and settlement tools, using USDC as native gas for predictable, enterprise-grade transactions.