The XRP Ledger (XRPL) is expanding its multichain capabilities through a new integration with Wormhole, a leading cross-chain protocol. This development opens new options for developers and institutions looking to build multichain applications, including payments, DeFi, and real-world assets.
Wormhole will connect the XRPL mainnet and the XRPL EVM Sidechain to over 35 blockchain networks. This connection will enable asset transfers and messaging between XRPL and other ecosystems, increasing access for over 6 million XRPL users.
Advertisement
Advertisement
XRP Ledger (XRPL) Wormhole Integration
RippleX, the development arm supporting XRPL, announced the Wormhole partnership to bring advanced interoperability features to its network. Wormhole supports over 200 applications and has processed more than $60 billion in volume since 2020. It is used by institutions such as BlackRock and Apollo.
The integration will allow tokens native to the XRPL—including XRP, Issued Assets (IOUs), and Multi-Purpose Tokens (MPTs)—to move across more than 35 supported blockchains. This includes Ethereum, Solana, and other major networks. The integration will also enable smart contract messaging between chains, allowing more complex application development.
According to Ripple CTO David Schwartz,
“If you want real mass adoption, interoperability is essential… With this integration, tokens natively issued on the XRP Ledger are being set up for that reality by being able to move between blockchain networks while maintaining native issuance, and control.”
Advertisement
Advertisement
Enhancing Developer Tools and Institutional Use
The partnership supports Ripple’s focus on building infrastructure for institutions and developers amid predictions of the XRP ledger potential to capture 14% of SWIFT’s global liquidity. With the XRPL EVM Sidechain and Wormhole’s support, developers can build and deploy multichain applications without changing their existing tools.
Wormhole brings cross-chain messaging infrastructure, which lets developers trigger actions or share data across blockchains. This allows applications to offer seamless user experiences while maintaining compliance and security. Institutions can issue stablecoins or tokenized assets with multichain functionality while using XRPL’s built-in support for fast and low-cost transactions.
Robinson Burkey, Co-Founder of the Wormhole Foundation, said,
“By integrating Wormhole into the XRP Ledger, we’re helping unlock even greater potential spanning all major blockchains for one of the most established blockchain networks in enterprise finance.”
Advertisement
Advertisement
XRPL Version 2.5.0 and New Functionalities
This integration is a follow up of the new XRPL version 2.5.0 which saw significant enhancements in the protocol. The newer amended “rippled” version adds changes like TokenEscrow, Batch, and PermissionedDEX. The objective of these features is to create more flexibility and promote regulated financial applications.
RippleX has encouraged the validators to migrate to version 2.5.0 to ensure compatibility on the network. Changes need a minimum of 80 percent of validator approval after a period of two weeks to take effect. The upgrades are a larger bid to enhance network management and aid institutional financing.
Meanwhile, Uphold has integrated USDC on the XRPL, further enhancing its utility. Users can now transfer USDC between Uphold and XRPL wallets, connecting the Circle-issued stablecoin to a low-cost, fast network.
Konten ini hanya untuk referensi, bukan ajakan atau tawaran. Tidak ada nasihat investasi, pajak, atau hukum yang diberikan. Lihat Penafian untuk pengungkapan risiko lebih lanjut.
XRP Ledger (XRPL) Integrates Wormhole To Unlock Multichain Access
The XRP Ledger (XRPL) is expanding its multichain capabilities through a new integration with Wormhole, a leading cross-chain protocol. This development opens new options for developers and institutions looking to build multichain applications, including payments, DeFi, and real-world assets.
Wormhole will connect the XRPL mainnet and the XRPL EVM Sidechain to over 35 blockchain networks. This connection will enable asset transfers and messaging between XRPL and other ecosystems, increasing access for over 6 million XRPL users.
Advertisement Advertisement
XRP Ledger (XRPL) Wormhole Integration
RippleX, the development arm supporting XRPL, announced the Wormhole partnership to bring advanced interoperability features to its network. Wormhole supports over 200 applications and has processed more than $60 billion in volume since 2020. It is used by institutions such as BlackRock and Apollo.
The integration will allow tokens native to the XRPL—including XRP, Issued Assets (IOUs), and Multi-Purpose Tokens (MPTs)—to move across more than 35 supported blockchains. This includes Ethereum, Solana, and other major networks. The integration will also enable smart contract messaging between chains, allowing more complex application development.
According to Ripple CTO David Schwartz,
Advertisement Advertisement
Enhancing Developer Tools and Institutional Use
The partnership supports Ripple’s focus on building infrastructure for institutions and developers amid predictions of the XRP ledger potential to capture 14% of SWIFT’s global liquidity. With the XRPL EVM Sidechain and Wormhole’s support, developers can build and deploy multichain applications without changing their existing tools.
Wormhole brings cross-chain messaging infrastructure, which lets developers trigger actions or share data across blockchains. This allows applications to offer seamless user experiences while maintaining compliance and security. Institutions can issue stablecoins or tokenized assets with multichain functionality while using XRPL’s built-in support for fast and low-cost transactions.
Robinson Burkey, Co-Founder of the Wormhole Foundation, said,
Advertisement
Advertisement
XRPL Version 2.5.0 and New Functionalities
This integration is a follow up of the new XRPL version 2.5.0 which saw significant enhancements in the protocol. The newer amended “rippled” version adds changes like TokenEscrow, Batch, and PermissionedDEX. The objective of these features is to create more flexibility and promote regulated financial applications.
RippleX has encouraged the validators to migrate to version 2.5.0 to ensure compatibility on the network. Changes need a minimum of 80 percent of validator approval after a period of two weeks to take effect. The upgrades are a larger bid to enhance network management and aid institutional financing.
Meanwhile, Uphold has integrated USDC on the XRPL, further enhancing its utility. Users can now transfer USDC between Uphold and XRPL wallets, connecting the Circle-issued stablecoin to a low-cost, fast network.
Advertisement
✓ Share:
