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Ripple's RLUSD Goes Live on Ethereum Layer-2 Networks, XRPL Sidechain Via Wormhole
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Ripple's RLUSD Goes Live on Ethereum Layer-2 Networks, XRPL Sidechain Via Wormhole

Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation, and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.

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Highlights:

  • Ripple's RLUSD is live on these networks through Wormhole's Native Token Transfers.
  • The stablecoin is available on over 40 networks.
  • This expands the stablecoin beyond Ethereum and the XRP Ledger.

Ripple's RLUSD stablecoin has gone live on over 40 networks through its partnership with the cross-chain interoperability protocol Wormhole. These networks include Ethereum layer-2 networks such as Coinbase's Base and also the XRP Ledger's EVM sidechain.

Ripple RLUSD Available on Ethereum L2s and XRPL EVM Sidechain

In an X post, Wormhole announced that the stablecoin is now live across ecosystems via its Native Token Transfers (NTT). With this, the stablecoin becomes available across over 40 networks that have implemented Wormhole's NTT.

This includes layer-2 networks on the top layer-1 network, Ethereum, such as Base, Ink, Optimism, and Unichain. The stablecoin is also now live on the XRP Ledger's EVM sidechain. This development comes months after Ripple first announced plans to expand the stablecoin to other networks besides XRPL and Ethereum

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