Home Ripple’s RLUSD Expands To 40+ Blockchain Networks Via Wormhole

Ripple’s RLUSD Expands To 40+ Blockchain Networks Via Wormhole

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Ripple’s RLUSD Expands To 40+ Blockchain Networks Via Wormhole
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Ripple’s RLUSD stablecoin has been deployed across more than 40 blockchain networks through an integration with Wormhole, a cross-chain interoperability protocol.

In an X post, Wormhole announced that RLUSD is now active across many ecosystems using its Native Token Transfers (NTT) system. This includes Ethereum Layer-2 networks such as Coinbase Base, Ink, Optimism, and Unichain, as well as the XRP Ledger’s EVM sidechain.

This is expected to make RLUSD more useful for real-world payments, particularly for cross-border transfers, and also allows institutions to move money in and out of crypto systems more smoothly. It also supports tokenization, which is the process of turning real assets into digital form on the blockchain.

According to CoinMarketCap, the market presence of RLUSD has reached a reported valuation of about $1.72 billion and is ranked among the top stablecoins in the crypto market.

 

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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