Ripple is actively expanding its regulated stablecoin, RLUSD, to Layer 2 networks using Wormhole Native Token Transfer standard.
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š¹ Unlike risk packed assets, Wormhole Native Token Transfer allow RLUSD to be natively issued across chain. This reduces bridging risk and prevents liquidity fragmentation a crucial requirement for institutional DeFi.
šø Having already obtained an NYDFS Trust License, Ripple has applied for an OCC license. If approved, RLUSD would be the first stablecoin with dual state and federal oversight, distinguishing it from $USDC and $USDT .
š¹ With a supply exceeding $1 billion (79.2% on Ethereum, 20.8% on XRPL), this move allows RLUSD to pair with wXRP (Wrapped XRP), deepening cross chain liquidity and profit opportunities.
With a stricter regulatory framework than USDC, is Ripple positioning RLUSD as the ultimate safe haven stablecoin for institutional investment capital?
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