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Ripple is expanding the stablecoin RLUSD towards multi-chain by testing RLUSD on Ethereum layer-2s such as Optimism, Base, Ink, and Unichain.
RLUSD previously operated on XRP Ledger and Ethereum. An important point is that Ripple uses Wormhole technology to move RLUSD between blockchains as a native token, without the need for “wrapped,” helping to maintain unified liquidity and reduce risks.
RLUSD is currently managed under a New York State Trust license, and Ripple is applying for an additional federal license.#BTCTechnicalRecoveryAfterBreakdown