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- Ripple is expanding XRPL’s presence in the multichain world through a new integration with Wormhole, one of the leading cross-chain interoperability protocols.
- This opens the door for stablecoins and other assets on the XRP Ledger to move effortlessly across more than 30 different blockchains.
The Ripple team has announced that Ripple and Wormhole have joined forces, bringing integration to both the XRP Ledger (XRPL) mainnet and the XRPL EVM Sidechain. This new partnership unlocks a powerful feature: it allows stablecoins and other issued assets to move seamlessly between the XRP Ledger and the broader Wormhole network.
Wormhole is one of the leading cross-chain interoperability protocols, connecting over 200 decentralized applications across more than 35 blockchain networks, including altcoins like Solana (SOL), Polkadot (DOT), and Sui. Since its launch in 2020, it has processed over 1 billion cross-chain messages and facilitated more than $60 billion in cross-chain volume. Institutions like BlackRock, Securitize, and Apollo already rely on Wormhole’s infrastructure.
According to the report, Wormhole will bring its cross-chain messaging capabilities to both XRPL’s mainnet and EVM Sidechain. This means developers can now transfer supported XRPL assets, like XRP, IOUs, and Multi-Purpose Tokens (MPTs), across the chains. They’ll also be able to interact with smart contracts across chains using message triggers and on-chain data.
For developers and institutions aiming to build cross-chain apps for payments, DeFi, or real-world asset (RWA) use cases, this creates major new possibilities.
Robinson Burkey, Co-Founder of the Wormhole Foundation, summed it up well:
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, further advancing its role as a foundation for regulated, interoperable digital asset ecosystems.
An XRPL June Snapshot
June has been a packed month for Ripple, with several major developments signaling a new phase of growth and utility for the XRP Ledger. One of the standout announcements was the launch of XAODAO, a decentralized organization created to spark fresh innovation across the XRPL ecosystem.
As indicated in our earlier discussion, XAODAO is built around three core principles: decentralization, blockchain technology, and active community participation. Ripple also unveiled a new Permissioned Decentralized Exchange (DEX) on the XRPL, publicly announced on June 25.
This system allows regulated entities to trade securely and compliantly, without compromising the decentralized nature of the ledger. Ripple confirmed that XRPL software update 2.5.0 is now live, bringing key upgrades like improved escrow features, the debut of permissioned DEXs, and enhanced security for Automated Market Maker (AMM) activity.
The XRPL has also reached a milestone of 295,000 daily users, driven by ultra-low transaction fees of just $0.0002 and lightning-fast settlement times of 3 to 5 seconds. Adding to this, Canada approved the first-ever spot XRP ETF, while USDC is now natively supported on the XRP Ledger, offering users faster, more efficient stablecoin transfers and broader payment access.
Meanwhile, Ripple’s own stablecoin, RLUSD, still lags in adoption as USDC expands to 22 blockchains. On the market side, XRP is trading at $2.09 as it tries to break through resistance at $2.15 after a 4.14% dip in the past 24 hours. Based on our recent technical analysis, if the asset can make a move above $2.60, there’s potential for it to rally toward the $5.50 mark in the near future.
