Ripple Labs Expands RLUSD Stablecoin to Ethereum Layer-Two Blockchains
Update: 2025-12-16
Description
Ripple Labs is expanding its stablecoin, RLUSD, to multiple Ethereum layer-two blockchains as part of a pilot program, aiming for a more scalable future. This move involves a partnership with Wormhole, enabling RLUSD to exist natively on each blockchain. Ripple believes in a multi-chain future for crypto and stablecoins, with more chains planned for next year, subject to regulatory approval. RLUSD, launched in December 2024, has a market capitalization of $1.3 billion and is gaining traction among retail users.
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