💸 @Ripple's $1.3b stablecoin, $RLUSD, has adopted Wormhole's NTT standard to expand multichain.
This integration will enable the issuance of $RLUSD across all of crypto, starting with @Base, @Optimism, @InkOnchain & @Unichain.
NTT is the standard for multichain asset issuance.

With NTT, token issuers eliminate the need for fragmented liquidity or wrapped assets, allowing a single, canonical version of RLUSD to exist natively on each blockchain with Ripple owning the contracts.
Interoperability is a critical need for major asset issuers. By choosing Wormhole, a permissionless protocol used by institutions like @BlackRock, @vaneck_us and @apolloglobal, Ripple ensures it has the best interoperability infrastructure to grow RLUSD multichain.
Learn more about RLUSD's upcoming multichain integration in the Wormhole blog below:
wormhole.com/blog/ripple-usd-r...…

Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





