Ripple is expanding its $1.3 billion RLUSD stablecoin to Ethereum Layer-2 networks via Wormhole, signaling a significant multichain push. Currently in testing on Optimism, Base, Ink, and Unichain, the expansion aims to increase RLUSD's accessibility and utility across the decentralized finance (DeFi) ecosystem. More blockchains are slated for integration next year, pending regulatory review. This move underscores Ripple's commitment to interoperability and its ambition to compete with established stablecoins like USDT and USDC. The expansion to Layer-2 solutions addresses scalability issues and reduces transaction costs, potentially driving greater adoption of RLUSD and fostering broader participation in the DeFi space. This initiative reflects a growing trend among crypto firms to embrace multichain strategies for enhanced market reach.

Ripple is expanding its $1.3 billion RLUSD stablecoin to Ethereum Layer-2 networks via Wormhole, signaling a significant multichain push. Currently in testing on Optimism, Base, Ink, and Unichain, the expansion aims to increase RLUSD's accessibility and utility across the decentralized finance (DeFi) ecosystem. More blockchains are slated for integration next year, pending regulatory review. This move underscores Ripple's commitment to interoperability and its ambition to compete with established stablecoins like USDT and USDC. The expansion to Layer-2 solutions addresses scalability issues and reduces transaction costs, potentially driving greater adoption of RLUSD and fostering broader participation in the DeFi space. This initiative reflects a growing trend among crypto firms to embrace multichain strategies for enhanced market reach.