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Cointelegraph by Stephen Katte

Ripple expands RLUSD stablecoin pilot to Ethereum layer-2 networks in 2025

Ripple Labs is piloting its US dollar-backed stablecoin RLUSD on Ethereum layer-2 networks Optimism, Base, Ink, and Unichain, after first launching the token on the XRP Ledger and Ethereum in 2024. The pilot uses Wormhole's Native Token Transfers standard so RLUSD can move between chains as a native token rather than as a wrapped version, while a broader rollout and additional chains are planned for next year pending regulatory approval. RLUSD, issued under a New York Department of Financial Services Trust Company Charter, currently has a market capitalization of $1.3 billion.
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