Overview
- The rollout, announced June 4, makes RLUSD available on more than 40 blockchains through Wormhole’s Native Token Transfers (NTT) framework.
- Wormhole’s NTT lets RLUSD move natively between networks without using wrapped versions of the token, which preserves native issuance and improves composability for apps and wallets.
- The expansion adds major Ethereum layer‑2s such as Base, Optimism, Ink, and Unichain and includes the XRP Ledger EVM sidechain to give developers familiar Ethereum tools while staying tied to the XRP ecosystem.
- Ripple is pushing commercial adoption at the same time, with partnerships to put RLUSD into Turkish institutional on‑ and off‑ramps via BiLira, Bitexen and Bitlo and a reported Mastercard 24/7 settlement integration on the XRP Ledger.
- RLUSD holds about $1.7–$1.72 billion in market value and Ripple‑linked moves like Evernorth’s regulatory filings and the addition of Istanbul Technical University to its research program suggest the coin is being positioned for institutional treasury, tokenized assets, and on‑chain settlement use cases.