Ripple Extends $1.3B RLUSD to Ethereum L2s via Wormhole

Published at 2025-12-15 14:17:25

Ripple announced a pilot to move $1.3 billion of its USD stablecoin RLUSD to Ethereum Layer 2 networks — Optimism, Base, Ink and Unichain — using the Wormhole cross‑chain bridge. The move aims to increase RLUSD’s on‑chain liquidity and accessibility for DeFi users and developers on faster, lower‑cost L2s, potentially boosting utility for ETH‑denominated liquidity pools and applications.

The company said it plans to expand RLUSD to additional blockchains next year, subject to regulatory approval. That caveat underscores ongoing compliance scrutiny that could shape the pace of multi‑chain stablecoin growth; if cleared, the expansion would deepen cross‑chain stablecoin rails and may have knock‑on effects for token flows across ETH, Wormhole, and XRP ecosystems.

Share on:

Related news

Ripple at White House as Musk Backs DOGE and BTC Manipulation Claims Loom

Ripple joined fintech and banking leaders at the White House while fresh claims of Bitcoin manipulation, Elon Musk’s renewed support for Dogecoin, and reports of Vitalik selling ETH drove market chatter.

Published at 2026-02-07 15:45:10
ENS Unveils ENSv2, Moves From Its Layer 2 Back to Ethereum Mainnet

ENS announced ENSv2 will launch directly on Ethereum mainnet and the project will discontinue its Layer 2. The shift is presented as a move to strengthen security and composability with Ethereum's base layer.

Published at 2026-02-07 06:00:18
Vitalik Buterin Donates to Zcash Project Backing Crosslink Privacy Upgrade

Ethereum co-founder Vitalik Buterin has donated to Shielded Labs to support Crosslink, a proposed consensus upgrade for Zcash focused on privacy and interoperability. The move signals notable industry backing for ZEC privacy research.

Published at 2026-02-07 00:15:21
Bitcoin Reclaims $70K as Ether Surges Past $2K

Bitcoin jumped above $70,000 after an about 11% intraday gain, while Ether climbed past $2,000, snapping a six-month losing streak. The rally follows an earlier test of support near $60,000 and higher trading volumes across major exchanges.

Published at 2026-02-06 20:30:33
Ethereum Plunges 29% Weekly, Falls Below $2,000 as Early Rebound Signals Appear

Ethereum slid nearly 29% over the past week to trade under $2,000 — its weakest level in nine months — though short-term rebound signals have begun to show. Market participants are watching to see if the bounce holds.