Ripple's stablecoin RLUSD expands to the L2 network, adopting Wormhole's NTT standard.

Ripple announced the first-ever expansion of its stablecoin RLUSD to Layer 2 networks. Ripple will collaborate with the cross-chain interoperability protocol Wormhole and the NTT token standard to launch testing on Optimism, Base, Ink, and Unichain. Ripple expects to launch RLUSD on more chains next year after receiving final regulatory approval. Subsequent on-chain launches of RLUSD are subject to testing and approval by the New York Department of Financial Services. It is understood that RLUSD was initially only issued on XRPL and Ethereum.