Ripple announced on X on June 4 that its U.S. dollar-backed stablecoin Ripple USD (RLUSD) can now move natively across blockchain ecosystems through Wormhole's Native Token Transfers (NTT). The expansion strengthens RLUSD's role in cross-border payments, institutional on- and off-ramps, and tokenization by providing developers and institutions broader access to compliant dollar liquidity. The integration extends RLUSD's reach across multiple blockchain networks as part of Ripple's multichain stablecoin infrastructure strategy.
Ripple Integrates RLUSD With Wormhole's Native Token Transfer Framework
Ripple stated that through Wormhole's Native Token Transfers (NTT), RLUSD can now move natively across multiple blockchain ecosystems, supporting cross-border payments, institutional on/off-ramps, and tokenization use cases. The firm added that for developers and institutions building onchain, the integration expands access to compliant, USD-backed liquidity across supported networks.
Wormhole's Native Token Transfers is a framework for moving native tokens across different blockchains. Wormhole says NTT allows issuers to maintain control of their tokens across networks while preserving native functionality, including metadata, ownership, upgradeability, and custom features. The framework also supports rate limits, access controls, and supply accounting, giving issuers greater oversight of cross-chain token movement.
Wormhole stated on X that institutional-grade stablecoins just went multichain, adding that Ripple's RLUSD is now live across ecosystems via Wormhole's Native Token Transfers (NTT) — the standard trusted by 100+ assets across 40+ chains.
RLUSD Expands to Optimism, Base, and Additional Layer-2 Networks
After its native launch on the XRP Ledger (XRPL) and Ethereum, RLUSD moved into Layer-2 expansion through Wormhole's NTT standard. Ripple identified Optimism, Base, Ink, Unichain, and the XRPL EVM Sidechain as target ecosystems.
Wanchain integrated the stablecoin into its bridge architecture, enabling transfers across XRPL, Ethereum, Cardano, and Wanchain. The added connectivity provides another channel for RLUSD liquidity as Ripple expands institutional access across multiple blockchain ecosystems.
RLUSD Circulation Reaches $1.731 Billion as of May 28
RLUSD had $1.731 billion in circulation as of May 28, backed by $1.833 billion in reserve funds, according to Ripple's transparency report. The Wormhole integration builds on earlier expansion efforts by extending RLUSD's reach across additional blockchain ecosystems and supporting its role in payments, tokenization, and institutional liquidity.
FAQ
What did Ripple announce on June 4 regarding RLUSD?
Ripple announced on X on June 4 that RLUSD can now move natively across blockchain ecosystems through Wormhole's Native Token Transfers (NTT), supporting cross-border payments, institutional on/off-ramps, and tokenization use cases.
How much RLUSD was in circulation as of May 28?
RLUSD had $1.731 billion in circulation as of May 28, backed by $1.833 billion in reserve funds, according to Ripple's transparency report.
Which blockchain ecosystems does RLUSD support through the Wormhole integration?
Ripple identified Optimism, Base, Ink, Unichain, and the XRPL EVM Sidechain as target ecosystems. Wanchain also integrated RLUSD, enabling transfers across XRPL, Ethereum, Cardano, and Wanchain.