Ripple’s RLUSD stablecoin goes multichain in new pilot

Ripple is testing RLUSD on layer 2s Optimism, Base, Ink, and Unichain, after the token initially launched on the XRP Ledger and Ethereum in 2024.

Ripple Labs is expanding its US dollar-backed stablecoin RLUSD to Ethereum layer-2 blockchains as part of a pilot while it awaits regulatory approval for a full rollout next year.

In partnership with Wormhole, a crosschain interoperability protocol that allows assets to move between different blockchains, the pilot will test RLUSD on Optimism, Base, Ink, and Unichain, according to a statement from Ripple on Monday.

Initially, RLUSD was issued on the XRP Ledger and Ethereum; however, Ripple said that the latest expansion is “essential for a scalable, efficient, and interoperable future.”

Read more

Subscribe for The Latest Crypto News and deals.

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

World Wide Crypto will use the information you provide on this form to be in touch with you and to provide updates and marketing.