Ripple expands testing of its stablecoin RLUSD on Ethereum networks
Ripple continues its serious steps in the world of stablecoins, having begun testing its RLUSD coin on Ethereum Layer 2 networks such as Optimism, Base, Ink, and Unichain.
This step reflects Ripple's pursuit of benefiting from the scalability and low fees provided by Layer 2 solutions while maintaining the security of the Ethereum network.
The official launch of RLUSD on these networks is expected to occur during the coming year, following regulatory approval from the state of New York, which enhances the project's credibility and confirms Ripple's commitment to the legal framework.
This expansion could give RLUSD a strong presence in the DeFi ecosystem and support broader use cases such as cross-border payments and on-chain liquidity.
XRP
1.9249
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