Ripple is planning to launch its RLUSD stablecoin on Layer 2 blockchains next year with the help of Wormhole, the company said on Monday.
“The future of crypto is undeniably multichain, and to truly serve both institutional finance and the growing onchain economy, stablecoins must exist wherever demand and utility are,” Ripple said in a statement.
Ripple has tapped Wormhole and its Native Token Transfers (NTT) token standard to test RLUSD on Optimism, Base, Ink, and Unichain and plans to officially launch on the new blockchains next year, pending regulatory approval.
RLUSD, which launched last December on XRP Ledger (XRPL) and Ethereum, has a total supply of over $1 billion, according to CoinGecko data.
“By launching RLUSD — the first U.S. trust-regulated stablecoin on these layer-2 networks — we’re expanding utility while setting a clear standard for how compliance and on-chain efficiency can work together,” said Jack McDonald, Ripple’s SVP of stablecoins. “Stablecoins are the gateway to DeFi and institutional adoption, and RLUSD is designed to be a trusted, liquid on-ramp into the broader digital-asset economy.”
Path to regulatory certainty
This isn’t Ripple’s first tie-in with the cross-chain interoperability provider. In June, the company expanded XRP Ledger’s multichain interoperability through an integration with Wormhole.
The move was part of Ripple’s broader strategy to position XRPL as an integral component of onchain, institutional finance.
The company appears to be on the path to secure added regulatory certainty, as last week the U.S. Office of the Comptroller of the Currency (OCC) said it had conditionally approved a national trust bank charter for Ripple National Trust Bank.
If Ripple can secure the final approval from the OCC, it will “provide RLUSD with both state and Federal oversight — a dual regulatory structure that no stablecoin currently holds,” the company said.
In November, Ripple raised $500 million at a $40 billion valuation, in a round led by investors from Fortress and Citadel Securities, and joined by Galaxy Digital, Pantera, Brevan Howard, and Marshall Wace.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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