Ripple’s RLUSD stablecoin has a new integration with Wanchain’s cross-chain bridge through which it has expanded into the Cardano ecosystem. The move allows users to transfer RLUSD from networks like the XRP Ledger and Ethereum directly into Cardano.
This development is an important move in Ripple’s bigger plan to extend its stablecoin beyond its native environments. RLUSD currently has a market capitalisation of around $1.5 billion, with most of its supply on Ethereum.
Expanding to Cardano opens up new opportunities for liquidity and decentralised finance activity.
For Cardano, the integration adds another major stablecoin to its growing ecosystem. Following the earlier launch of USDC, RLUSD’s arrival could further boost DeFi participation and transaction volumes on the network.
Cardano founder Charles Hoskinson has previously hinted at deeper collaboration with Ripple, though native issuance of RLUSD on Cardano has yet to materialise. For now, the bridge-based approach offers a practical way for users to access the asset.
The move reflects a broader trend of interoperability in crypto, where assets are no longer confined to a single blockchain.
Source: X.com
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