Ripple USD Expands to 40+ Blockchains Through Wormhole Integration
Ripple's RLUSD went live across 40+ chains on June 4 via Wormhole's Native Token Transfers, reaching Base, Optimism, Ink, Unichain, and the XRPL EVM sidechain. The stablecoin can now move natively across blockchain ecosystems through Wormhole's Native Token Transfers (NTT), marking a significant expansion of its multichain infrastructure.
The update strengthens RLUSD's role in cross-border payments, institutional on- and off-ramps, and tokenization. RLUSD can now move across supported blockchains natively, without relying on wrapped versions, which will improve liquidity, reduce fragmentation, and ensure users, developers, and institutions interact with the same RLUSD everywhere.
Market Position and Growth
Ripple's RLUSD is now circulating at $1.73 billion, reflecting strong institutional adoption since its late 2024 launch. The stablecoin is currently trading on 91 active markets with $292,755,109.65 traded over the last 24 hours.
Turkish Market Expansion
Ripple announced on June 2 that RLUSD is now available to institutions in Türkiye through three new partnerships with BiLira, Bitexen and Bitlo. Türkiye processes nearly $200 billion in annual crypto transaction volume, outpacing regional peers by nearly fourfold, making it a strategic market for RLUSD's expansion.
Istanbul Technical University (ITU) was announced as the latest partner in Ripple's global University Blockchain Research Initiative (UBRI), with funding via RLUSD to support advanced research initiatives and graduate fellowships.
Enterprise Treasury Integration
Ripple has integrated native digital asset capabilities into its GTreasury-based enterprise treasury management system, allowing CFOs to manage XRP and RLUSD alongside fiat in a single interface with real-time fiat valuations, 15-decimal precision, automated audit trails, and connectivity to multiple external custodians.
Technical Architecture
Wormhole NTT is architecturally distinct from the bridge that was exploited for $320 million in 2022, preserving issuer control, native token properties, and supply accounting without relying on liquidity pools.