Blockchain

Ripple Connects XRP Ledger to 35 Blockchains Through Wormhole

Ripple and Wormhole have announced a partnership that will let the XRP Ledger (XRPL) connect to over 35 top blockchains. This will help more than six million XRPL users move their digital coins and tokens across multiple blockchains using just one connected system. This change is happening on both the main XRPL mainnet and the XRPL EVM Sidechain. Through this setup, XRPL will be able to connect directly to blockchain networks like Ethereum, Solana, Avalanche, and Polygon.
Wormhole is already used by over 200 apps and has moved more than $60 billion worth of assets. Now, this same system will let XRP and other XRPL-based tokens move freely across many chains without any problems. In the press release, Ripple shared that the partnership is all about making things easier for developers and institutions. With this update, they can now create multichain apps for payments, real-world assets (RWAs), and DeFi, all from XRPL.
“If you want real mass adoption, interoperability is essential,” David Schwartz, Ripple CTO said in the announcement. “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.” Aside from moving tokens, Wormhole also allows cross-chain messaging. This means developers can send data between chains and trigger smart contracts from XRPL to other chains.
Robinson Burkey, Co-Founder of Wormhole, said, “We’re helping unlock even greater potential spanning all major blockchains for one of the most established blockchain networks in enterprise finance.”  The new setup is built on RippleX’s latest update to XRP Ledger 2.5.0, which recently rolled out with new features, including batch transactions, token escrows, and permissioned DEXs. These features help make XRPL more flexible and ready for institutional finance tools.
Terron Gold

Recent Posts

Senator Murphy Alleges White House Insiders Profited From Iran Strike Bets, Pushes to Ban Prediction Markets on Government Actions

U.S. Senator Chris Murphy (D-Conn.) is calling for legislation to ban prediction markets that allow traders to bet…

2 days ago

IRS Proposes Electronic-Only Delivery For Crypto Tax Forms Under New Reporting Rules

The U.S. Internal Revenue Service (IRS) has proposed a new rule that would allow cryptocy brokers to deliver…

2 days ago

Crypto-Friendly Fintech Revolut Files For U.S. Banking License to Expand Crypto and Payments Services

Global fintech powerhouse Revolut has filed an application for a U.S. banking license, a move that would allow…

2 days ago

Suspect Arrested on Caribbean Island of Saint Martin in $46M Seized Crypto Theft Case

A man accused of stealing tens of millions of dollars in cryptocy from U.S. government…

2 days ago

NYSE Parent ICE Invests in Crypto Exchange OKX at $25B Valuation Amid Tokenized Stocks Push

Intercontinental Exchange (ICE) — the parent company of the New York Stock Exchange — has taken a strategic…

2 days ago

AI Models Favor Bitcoin as a Store of Value, Stablecoins for Payments, BPI Study Finds

A new study from the Bitcoin Policy Institute (BPI) found that leading artificial intelligence models overwhelmingly favor Bitcoin…

2 days ago