Tech, Ripple, XRP, XRP Ledger, Wormhole, News Ripple’s move supports the development of multichain applications, emphasizing compliance, low cost and fast settlement.
Ripple is pushing deeper into multichain interoperability with the integration of Wormhole, a leading cross-chain messaging protocol, with the XRP Ledger (XRPL) and its EVM-compatible sidechain.
The move, announced Thursday, aims to support institutional demand for seamless movement of crypto assets, including stablecoins and tokenized real-world assets, across multiple blockchain networks, without added friction or fragmentation.
Wormhole’s integration unlocks the ability to transfer the blockchain’s native token XRP XRP, issued assets and multi-purpose tokens across more than 35 supported chains, including Ethereum ETH, Solana SOL and Avalanche AVAX.
Developers can also initiate cross-chain smart contract interactions using Wormhole’s messaging infrastructure. Ripple says the upgrade will help developers and institutions build multichain applications that prioritize compliance, low cost, and fast settlement.
“If you want real mass adoption, interoperability is essential. The infrastructure has to be there, not just on one chain, but across them,” said David Schwartz, the CTO of Ripple, in a press release shared with CoinDesk. “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.”
The development comes as the XRP Ledger increasingly positions itself as a hub for institutions and tokenized real-world assets such as real estate. For example, Dubai’s first real estate tokenization platform was built on XRPL, which allows qualified investors to buy fractional shares in apartments and tokenizes title deeds on the network.
Ripple, a payments-focused blockchain development firm with close ties to XRPL, also issues its own regulated stablecoin Ripple USD RLUSD. The token has a $400 million supply across XRP and Ethereum chains, rwa.xyz data shows.
Read more: XRP Ledger’s Ethereum-Compatible Sidechain to Go Live in Q2
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