Ripple pilots RLUSD on Ethereum L2s in multichain push
Ripple is testing RLUSD on layer 2s Optimism, Base, Ink, and Unichain, after the token initially launched on the XRP Ledger and Ethereum in 2024.
Ripple Labs is expanding its US dollar-backed stablecoin RLUSD to Ethereum layer-2 blockchains as part of a pilot while it awaits regulatory approval for a full rollout next year.
In partnership with Wormhole, a crosschain interoperability protocol that allows assets to move between different blockchains, the pilot will test RLUSD on Optimism, Base, Ink (an Ethereum layer 2 developed by Kraken), and Unichain, according to a statement from Ripple on Monday.
Initially, RLUSD was issued on the XRP Ledger and Ethereum; however, Ripple said that the latest expansion is “essential for a scalable, efficient, and interoperable future.”
