The post Ripple Plans RLUSD Expansion to Ethereum Layer-2 Networks Next Year appeared on BitcoinEthereumNews.com. Ripple’s RLUSD stablecoin is expanding to EthereumThe post Ripple Plans RLUSD Expansion to Ethereum Layer-2 Networks Next Year appeared on BitcoinEthereumNews.com. Ripple’s RLUSD stablecoin is expanding to Ethereum

Ripple Plans RLUSD Expansion to Ethereum Layer-2 Networks Next Year

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • Ripple RLUSD expansion targets key Ethereum L2s like Optimism and Base for improved scalability.

  • The integration leverages Wormhole for seamless cross-chain operations, supporting broader adoption.

  • RLUSD has reached $1.3 billion in market value, with $32 million in daily trading volume per CoinGecko data.

Ripple RLUSD expansion to Ethereum layer-2 networks promises enhanced DeFi access. Discover how this boosts stablecoin utility and compliance. Stay updated on crypto innovations today!

What is Ripple’s RLUSD Expansion to Ethereum Layer-2 Networks?

Ripple’s RLUSD expansion involves extending its dollar-pegged stablecoin to several Ethereum layer-2 solutions in 2025, aiming to increase accessibility and transaction efficiency. Initially launched on the XRP Ledger and Ethereum mainnet, RLUSD will undergo testing on networks such as Optimism, Coinbase’s Base, Kraken’s Ink, and Uniswap’s Unichain. This strategic move, facilitated by the Wormhole interoperability protocol, positions RLUSD as a compliant and versatile asset in the evolving multichain ecosystem, as outlined in Ripple’s recent press release.

How Will Wormhole Enhance RLUSD’s Multichain Functionality?

The Wormhole protocol plays a pivotal role in RLUSD’s expansion by enabling secure and efficient token transfers across disparate blockchains. According to Wormhole’s October announcement, its Native Token Transfer (NTT) standard already supports over 100 multichain digital assets, including tokenized funds like BlackRock’s BUIDL and Apollo’s Diversified Credit Fund, which represent government debt and credit tokenization. For RLUSD, this means users can move the stablecoin seamlessly between the XRP Ledger, Ethereum, and the targeted layer-2s without relying on traditional bridges that often face security risks.

Ripple emphasizes that this integration will foster greater utility in consumer applications, such as decentralized swaps, payment checkouts, and institutional transfers. Data from DefiLlama indicates that Ripple’s Ethereum-compatible network, launched in June 2024, currently hosts eight projects—including three decentralized exchanges, a launchpad, and an NFT marketplace—but has seen limited activity with just $80 in weekly trading volume. By contrast, RLUSD’s overall performance remains strong, with CoinGecko reporting $32 million in trading volume over the past day, primarily concentrated on exchanges like Bullish, which accounted for $24 million across select pairs. Presence on platforms such as Kraken and Bitstamp, the latter recently acquired by Robinhood, further underscores RLUSD’s growing exchange footprint.

Expert insights highlight the broader implications. Ripple’s Senior Vice President of Stablecoin, Jack McDonald, stated, “Stablecoins are the gateway to DeFi and institutional adoption. We are not just expanding utility; we are setting the definitive standard where compliance and on-chain efficiency converge.” This aligns with industry trends where layer-2 scalability addresses Ethereum’s high fees and congestion, making stablecoins more practical for everyday use. The XRP Ledger, which includes a built-in decentralized exchange since its 2012 inception, provides a robust foundation, but Ripple views the future of digital assets as inherently multichain, asserting that stablecoins must thrive wherever demand exists.

Optimism stands out as a critical entry point in this rollout. As the base for the OP Stack, it underpins a Superchain ecosystem where multiple layer-2 networks share standards and communication layers. This interconnected framework allows RLUSD to tap into a wider array of DeFi protocols, potentially increasing liquidity and reducing costs for users. Ripple’s press release notes that these expansions could directly support real-world services, from e-commerce payments to yield-generating opportunities, solidifying RLUSD’s role in bridging traditional finance and blockchain technology.

Frequently Asked Questions

What Layer-2 Networks Will RLUSD Integrate With First?

Ripple plans to test RLUSD on Optimism, Coinbase’s Base, Kraken’s Ink, and Uniswap’s Unichain as part of its initial Ethereum layer-2 expansion in 2025. These networks were selected for their scalability and alignment with the OP Stack Superchain, enabling efficient cross-chain operations via Wormhole, according to Ripple’s official announcement.

Why Is Multichain Expansion Important for Stablecoins Like RLUSD?

Expanding to multiple chains like Ethereum layer-2s allows RLUSD to reach more users and applications without the limitations of a single blockchain. It enhances interoperability, reduces transaction costs, and supports DeFi growth, making stablecoins more accessible for payments, trading, and institutional use in a diverse crypto landscape.

Key Takeaways

  • Strategic Layer-2 Focus: RLUSD’s rollout on Optimism and Base leverages proven scalability solutions to drive adoption in DeFi ecosystems.
  • Interoperability Boost: Wormhole’s NTT standard ensures secure multichain transfers, powering assets like tokenized funds and enhancing RLUSD’s versatility.
  • Growth Metrics: With $1.3 billion in value and strong trading volumes, this expansion positions RLUSD for broader consumer and institutional applications.

Conclusion

Ripple’s RLUSD expansion to Ethereum layer-2 networks marks a significant step in advancing stablecoin technology, integrating RLUSD with scalable solutions like Optimism and Base while utilizing Wormhole for seamless interoperability. This initiative not only addresses current blockchain limitations but also aligns with regulatory progress, including Ripple’s conditional national trust banking charter approval from the Office of the Comptroller of the Currency—alongside issuers like Paxos and Circle. As Ripple CEO Brad Garlinghouse noted, it represents “a massive step forward” for RLUSD, now valued at $1.3 billion. Looking ahead, this multichain strategy promises to accelerate DeFi innovation and stablecoin utility, encouraging users to explore compliant digital assets for everyday financial needs.

Source: https://en.coinotag.com/ripple-plans-rlusd-expansion-to-ethereum-layer-2-networks-next-year

Market Opportunity
Solayer Logo
Solayer Price(LAYER)
$0.07576
$0.07576$0.07576
-1.34%
USD
Solayer (LAYER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

The post Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 20:13 The meme coin market is heating up once again as traders look for the next breakout token. While Shiba Inu (SHIB) continues to build its ecosystem and PEPE holds onto its viral roots, a new contender, Layer Brett (LBRETT), is gaining attention after raising more than $3.7 million in its presale. With a live staking system, fast-growing community, and real tech backing, some analysts are already calling it “the next PEPE.” Here’s the latest on the Shiba Inu price forecast, what’s going on with PEPE, and why Layer Brett is drawing in new investors fast. Shiba Inu price forecast: Ecosystem builds, but retail looks elsewhere Shiba Inu (SHIB) continues to develop its broader ecosystem with Shibarium, the project’s Layer 2 network built to improve speed and lower gas fees. While the community remains strong, the price hasn’t followed suit lately. SHIB is currently trading around $0.00001298, and while that’s a decent jump from its earlier lows, it still falls short of triggering any major excitement across the market. The project includes additional tokens like BONE and LEASH, and also has ongoing initiatives in DeFi and NFTs. However, even with all this development, many investors feel the hype that once surrounded SHIB has shifted elsewhere, particularly toward newer, more dynamic meme coins offering better entry points and incentives. PEPE: Can it rebound or is the momentum gone? PEPE saw a parabolic rise during the last meme coin surge, catching fire on social media and delivering massive short-term gains for early adopters. However, like most meme tokens driven largely by hype, it has since cooled off. PEPE is currently trading around $0.00001076, down significantly from its peak. While the token still enjoys a loyal community, analysts believe its best days may be behind it unless…
Share
BitcoinEthereumNews2025/09/18 02:50
USD/JPY Intervention: How Verbal Warnings Dramatically Slowed the Japanese Yen’s Slide

USD/JPY Intervention: How Verbal Warnings Dramatically Slowed the Japanese Yen’s Slide

BitcoinWorld USD/JPY Intervention: How Verbal Warnings Dramatically Slowed the Japanese Yen’s Slide TOKYO, March 2025 – Japanese authorities’ carefully calibrated
Share
bitcoinworld2026/03/30 23:25
USDH Power Struggle Ignites Stablecoin “Bidding Wars” Across DeFi: Bloomberg

USDH Power Struggle Ignites Stablecoin “Bidding Wars” Across DeFi: Bloomberg

A heated contest for control over a new dollar-pegged token has set the stage for what analysts say could define the next phase of the stablecoin industry. According to Bloomberg, a bidding war unfolded on Hyperliquid, one of crypto’s fastest-growing trading platforms, with the prize being the right to issue USDH, its native stablecoin. The competition drew some of the sector’s most prominent names, including Paxos, Sky, and Ethena, who later withdrew their bid, alongside the lesser-known Native Markets, a startup backed by Stripe stablecoin subsidiary Bridge. Hyperliquid Stablecoin Race Shows Branding and Partnerships Matter as Much as Tech Over the weekend, Hyperliquid’s validators, the contributors who secure the network and vote on key decisions, awarded the USDH contract to Native Markets over the weekend. Despite its relatively new status, the firm’s connection with Stripe helped it outpace more established rivals. Stablecoins underpin decentralized finance by providing a dollar-backed medium for collateral, settlement, and payments across applications. What began as a grassroots, community-led sector has evolved into a battleground for institutions and payment companies seeking revenue from interest on reserves. Circle, for example, shares proceeds from its USDC with Coinbase under a partnership designed to stabilize earnings during market swings. The Hyperliquid contest offered a rare glimpse into just how intense competition has become. Paxos pledged to take no revenue until USDH surpassed $1 billion in circulation. Agora offered to share 100% of net revenue with Hyperliquid, while Ethena put forward 95%. All were outbid by Native Markets, whose ties to Stripe’s $1.1 billion acquisition of Bridge and subsequent rollout of the Tempo blockchain positioned it as a strong contender. “Every stablecoin issuer is extremely desperate for supply,” said Zaheer Ebtikar, co-founder of Split Capital. “They are willing to publicly announce how much they are willing to offer. It just shows it’s a very tough business for stablecoin issuers.” While USDC remains dominant on Hyperliquid with more than $5.6 billion in deposits, the arrival of USDH could shift flows and revenue dynamics. Paxos co-founder Bhau Kotecha said the firm sees the exchange’s growth as an important opportunity, while Agora’s co-founder Nick van Eck warned that awarding the contract to a vertically integrated issuer risked undermining decentralization. Regulatory positioning also factored into the debate. Paxos operates under a New York trust charter and is seeking a federal license, while Bridge holds money transmitter approvals in 30 states. Native Markets, in a blog post, cited regulatory flexibility and deployment speed as reasons for its selection. Hyperliquid said the strong engagement from its community validated the process. Circle CEO Jeremy Allaire dismissed concerns over USDC’s status, noting on X that competition benefits the ecosystem. Analysts suggested that fears of centralization may be exaggerated, noting that Hyperliquid is likely to remain neutral and support multiple stablecoins. Still, the contest over USDH highlighted a new reality for stablecoins: branding, partnerships, and business strategy are becoming as decisive as technology. Native Markets Secures USDH Stablecoin Mandate on Hyperliquid Hyperliquid has concluded its governance vote for the USDH stablecoin, awarding the mandate to Native Markets after a closely watched process that drew weeks of community debate and rival proposals. USDH, described by Hyperliquid as a “Hyperliquid-first, compliant, and natively minted” dollar-backed token, is intended to reduce the platform’s dependence on USDC and strengthen its spot markets. Validators on the decentralized exchange voted in favor of Native Markets, a relatively new player backed by Stripe’s Bridge subsidiary, over established contenders including Paxos and Ethena. The outcome followed a string of proposals offering aggressive revenue-sharing terms to win validator support, underscoring the scale of incentives attached to controlling USDH. Hyperliquid’s exchange has become a critical hub for stablecoin liquidity, with $5.7 billion in USDC, around 8% of its total supply, currently held on the network. At prevailing treasury yields, that translates to an estimated $200 million to $220 million in annual revenue for Circle, underlining why a native alternative could be transformative. Hyperliquid’s validators, who secure the network and vote on key decisions, selected Native Markets following an on-chain governance process that concluded September 15. Native Markets has laid out a phased rollout for USDH, beginning with capped minting and redemption trials before expanding into spot markets. Its reserves will be managed in cash and treasuries by BlackRock, with on-chain tokenization through Superstate and Bridge. Yield from those reserves will be split between Hyperliquid’s Assistance Fund and ecosystem development. The launch of USDH comes as Hyperliquid records record profits from perpetual futures trading, with $106 million in revenue in August alone, and prepares to slash spot trading fees by 80% to bolster liquidity. Analysts say the move positions Hyperliquid to capture more of the stablecoin economics internally, marking a significant step in its bid to rival the largest players in decentralized finance
Share
CryptoNews2025/09/18 00:48