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Ripple's RLUSD Stablecoin Expands to Ethereum L2s via Wormhole Partnership

Ripple's RLUSD Stablecoin Expands to ETH L2s

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

Ripple is significantly expanding the reach of its U.S. dollar-backed stablecoin, RLUSD, by making it available on Ethereum Layer-2 (L2) networks. This strategic move, facilitated by a partnership with Wormhole, aims to embed the $1.3 billion token deeper into the multichain ecosystem, enhancing its utility and accessibility for decentralized finance (DeFi) applications.

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