Ripple Expands RLUSD Stablecoin to Ethereum Layer 2s via Wormhole
Ripple is testing its $1.3 billion RLUSD stablecoin on four Ethereum Layer 2 networks—Optimism, Base, Ink, and Unichain—using Wormhole's NTT standard for cross-chain bridging. The rollout is subject to regulatory review, with additional blockchains planned for 2025.
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Deployment Across Four L2s
Ripple said it is testing RLUSD on Optimism, Base, Ink, and Unichain, leveraging Wormhole's NTT (Native Token Transfer) standard to enable interoperability across the networks. The move expands the stablecoin's availability beyond its current footprint and allows users on these Layer 2 ecosystems to hold and transfer RLUSD natively rather than through wrapped versions.
Wormhole's NTT protocol standardizes how tokens bridge across chains, reducing fragmentation and simplifying compliance workflows. Ripple framed the expansion as part of a broader multichain strategy aimed at making RLUSD available on the networks where demand is highest.
Regulatory Contingency and 2025 Roadmap
Ripple indicated that additional blockchain deployments are pending regulatory review and are expected to roll out in 2025. The company did not specify which networks are under consideration, though the emphasis on regulatory compliance suggests a methodical approach rather than permissionless expansion.
The $1.3 billion figure refers to RLUSD's current total supply. The stablecoin remains primarily used in Ripple's on-chain settlement corridors and has not yet achieved mainstream adoption as a general-purpose dollar proxy in the broader DeFi ecosystem.
Why It Matters
For Traders
RLUSD liquidity fragmentation across L2s may create arbitrage opportunities and execution-quality differences depending on which network pairs are deepest.
For Investors
Ripple's methodical regulatory-first approach to multichain expansion signals confidence in RLUSD's compliance posture but suggests it is not pursuing aggressive market share capture.
For Builders
Adoption of Wormhole's NTT standard by Ripple validates the interop model for bridge developers and may accelerate similar deployments by other stablecoin issuers.
This article is for information only and is not financial advice. Read the full disclaimer.
