Token

Multichain

Wormhole

Dubai

<h2 id="ripple-brings-a-href-https-x-com-search-q-24rlusdsrc-cashtag_click-rel-noopener-noreferrer-nofollow-rlusd-a-to-multiple-chains-via-wormhole">Ripple Brings <a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> to Multiple Chains via Wormhole</h2>
<p><a href="https://x.com/Ripple" rel="noopener noreferrer nofollow">@Ripple</a> has officially expanded its institutional-grade stablecoin $RLUSD across multiple blockchain ecosystems, using <a href="https://x.com/Wormhole" rel="noopener noreferrer nofollow">@Wormhole</a>'s Native Token Transfers (NTT) framework as the underlying infrastructure. <cite>Testing has begun on Optimism, Base, Ink, and Unichain, in partnership with Wormhole and its NTT token standard.</cite></p>
<p><cite>$RLUSD was initially issued on both the XRP Ledger (XRPL) and Ethereum, with the clear goal of enabling cross-chain and DeFi opportunities.</cite> The latest expansion marks the first time the stablecoin has moved into Ethereum Layer 2 networks. <cite>Wormhole provides developers access to liquidity and users on over 40 leading blockchain networks, enabling use cases that span DeFi, governance, and more.</cite></p>
<p><cite>Unlike bridged assets, Wormhole's NTT framework enables $RLUSD to maintain native issuance and control across every supported chain, reducing bridge risk, preserving liquidity integrity, and creating a regulatory-compliant pathway for institutional DeFi expansion.</cite><cite>For Ripple, the approach reduces bridge risk and improves capital efficiency, two persistent challenges in multi-chain stablecoin deployments.</cite></p>
<h2 id="compliance-at-the-core">Compliance at the Core</h2>
<p><cite>$RLUSD is issued under a New York Department of Financial Services (NYDFS) Limited Purpose Trust Company charter, which ensures bank-level oversight and regulation.</cite><cite>The move positions $RLUSD as the first U.S. trust-regulated stablecoin to deploy natively on these L2 ecosystems.</cite></p>
<p><cite>The Office of the Comptroller of the Currency (OCC) has issued a conditional approval for a national trust bank charter tied to Ripple National Trust Bank. Ripple says final approval would place $RLUSD under both state and federal oversight simultaneously, a structure it describes as uncommon among stablecoins.</cite></p>
<p><cite>Total supply has grown to exceed $1 billion, according to CoinGecko data.</cite><cite>Beyond the U.S., Ripple holds over 75 licenses globally, with $RLUSD recently recognised by regulators in key international hubs including Dubai and Abu Dhabi.</cite> The NTT framework provides the foundational infrastructure for $RLUSD to scale across global cross-border payment corridors and real-world asset tokenization platforms.</p>
<p><strong>Sources:</strong><br><a href="https://ripple.com/insights/ripple-usd-rlusd-expands-to-l2s-with-wormhole-ntt-standard/" rel="noopener noreferrer nofollow">Ripple Official Blog: RLUSD Expands to L2s with Wormhole's NTT Standard</a><br><a href="https://wormhole.com/blog/ripple-usd-rlusd-expands-to-l2s-with-wormholes-ntt-standard" rel="noopener noreferrer nofollow">Wormhole Blog: RLUSD Expands to L2s with Wormhole's NTT Standard</a></p>

Ripple's $RLUSD just went Multichain

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