Ripple taps Wormhole to expand RLUSD to Layer 2 networks

Ripple plans to launch its RLUSD stablecoin on Layer 2 blockchains next year with the help of cross-chain interoperability provider Wormhole. The company is already testing RLUSD on Optimism, Base, Ink, and Unichain using Wormhole’s Native Token Transfers (NTT) standard, ahead of a full rollout pending regulatory approval.

RLUSD, which debuted last December on the XRP Ledger and Ethereum, now has a total supply exceeding $1 billion. Ripple said the expansion reflects its belief that the future of crypto is multichain and that stablecoins must be available wherever demand exists, particularly across both institutional finance and the onchain economy.

The move builds on Ripple’s earlier integration with Wormhole to enhance XRP Ledger’s multichain interoperability. At the same time, Ripple is moving closer to greater regulatory certainty, after the U.S. Office of the Comptroller of the Currency conditionally approved a national trust bank charter for Ripple. If finalized, the approval would place RLUSD under both state and federal oversight — a dual regulatory framework the company says no other stablecoin currently has.