Key facts
- Ripple's RLUSD stablecoin is now multichain via Wormhole's Native Token Transfers (NTT).
- RLUSD can now be transferred natively across over 40 blockchain networks.
Ripple's RLUSD Stablecoin Expands to Over 40 Blockchains via Wormhole
IN SHORT
Ripple's USD-backed stablecoin, RLUSD, is now multichain, enabling native transfers across more than 40 blockchains through Wormhole's Native Token Transfers. The expansion aims to enhance institutional access to compliant dollar liquidity for payments and tokenization, with a specific focus on entering the Turkish market.
Key Numbers
40+chains supported by Wormhole NTT
$3 billionXRP Ledger RWA ecosystem value
$1.7BRLUSD market cap
$200 billionannual transaction volume in Türkiye's crypto market
Who's Involved
Ripple
Company expanding RLUSD stablecoin and payment infrastructure
Wormhole
Cross-chain interoperability protocol enabling RLUSD's multichain expansion
Jack McDonald
SVP of Stablecoins at Ripple, discussing RLUSD use cases and expansion
BiLira, Bitexen, Bitlo
Turkish partners providing local access to RLUSD
↳ Why This Matters
This multichain expansion and entry into the Turkish market significantly broadens RLUSD's accessibility and utility for institutional finance and payments, potentially increasing its adoption and impact within the global digital asset ecosystem.