Ripple’s U.S. dollar-pegged stablecoin, RLUSD, has expanded to more than 40 blockchain networks via an integration with Wormhole’s Native Token Transfers (NTT) standard. The move brings RLUSD beyond its original home on the XRP Ledger and Ethereum, now making it natively available on Ethereum layer-2 networks including Base, Ink, Optimism, and Unichain, as well as the XRP Ledger EVM sidechain.
Wormhole’s NTT framework enables direct, seamless movement of tokens between blockchains without relying on wrapped versions, eliminating counterparty risk and liquidity fragmentation. For RLUSD, this means users can hold and transfer the regulated stablecoin across multiple ecosystems without complex bridging processes.
Launched in late 2024, RLUSD has grown to a market capitalization exceeding $1.7 billion. The multi-chain expansion aligns with Ripple’s broader strategy to position RLUSD as infrastructure for both crypto-native and traditional financial applications—spanning cross-border payments, institutional on/off‑ramps, and tokenized real-world asset (RWA) projects.
Recent partnerships reinforce this direction. Ripple partnered with Turkish platforms BiLira, Bitexen, and Bitlo to provide institutional access to RLUSD, while Mastercard launched 24/7 settlement capabilities using RLUSD on the XRP Ledger. Additionally, Evernorth Holdings plans to incorporate RLUSD into its XRP-focused treasury business, and Istanbul Technical University joined Ripple’s University Blockchain Research Initiative to explore RLUSD-based academic projects.
The integration highlights increasing demand for regulated stablecoins in multichain DeFi, with RLUSD’s compliance under a New York trust charter giving it a potential edge for institutional users. Developers on Ethereum-compatible chains can now leverage RLUSD alongside XRP for liquidity, collateral, and payment functions, strengthening the XRP Ledger ecosystem as a whole.
