XRP Interoperability Gets a Big Boost as Ripple Partners with Wormhole

By Marco Piccolo

eToro

Key highlights:

  • Ripple announces integration of Wormhole with XRP Ledger (XRPL) and its EVM Sidechain to boost multichain functionality.
  • The move enables asset transfers and smart contract interactions across over 35 supported blockchains.
  • This follows several major developments including USDC integration and a $500M XRP treasury initiative by Trident Digital.

Ripple has announced a new strategic partnership with Wormhole, a leading cross-chain interoperability protocol, to integrate its infrastructure into the XRP Ledger and the upcoming XRPL EVM Sidechain. This collaboration aims to significantly boost XRPL’s multichain capabilities, enabling seamless asset transfers, cross-chain messaging, and the multichain issuance of tokens.

Boosting XRP Ledger’s cross-chain functionality

As tokenized assets and stablecoins continue to gain traction, the need for interoperable blockchain infrastructure has become increasingly urgent. Ripple’s latest partnership addresses this by incorporating Wormhole’s messaging and asset bridge technology into both the XRPL mainnet and the EVM-compatible sidechain.

This integration will allow developers and institutions to move digital assets like XRP, Issued Assets (IOUs), and Multi-Purpose Tokens (MPTs) across more than 35 blockchain networks. It also enables smart contract interactions across chains, opening up new possibilities in decentralized finance (DeFi), real-world asset (RWA) tokenization, and institutional on-chain finance.

Wormhole is already a major player in the interoperability space, having facilitated over $60 billion in cross-chain volume and supported more than 1 billion cross-chain messages across 35+ ecosystems since its launch in 2020. Its infrastructure is used by financial heavyweights including BlackRock, Securitize, and Apollo.

Robinson Burkey, co-founder of the Wormhole Foundation, commented:

“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.”

Ripple CTO and XRPL co-creator David Schwartz emphasized the importance of interoperability for blockchain adoption, stating:

“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.”

Ripple’s growing momentum

The Wormhole integration is the latest in a series of strategic moves by Ripple to cement XRPL’s role in institutional blockchain infrastructure. Earlier this month, the XRPL mainnet integrated Circle’s USDC, improving its utility for stablecoin transactions and on-chain finance applications.

This followed DeFi platform Ondo Finance adding support for XRPL, allowing users access to tokenized U.S. government debt products.

The long-anticipated XRPL EVM Sidechain, which will bring Ethereum-compatible smart contract capabilities to the XRP ecosystem, is expected to launch in Q2, which means we should see the launch quite soon.

Further bolstering XRP’s institutional appeal, Singapore-based Trident Digital recently announced a $500 million capital raise to establish a corporate treasury anchored in XRP. The initiative plans to accumulate XRP as a long-term reserve asset, participate in staking, and deepen integration with the Ripple ecosystem, pending regulatory approval.

Source:: XRP Interoperability Gets a Big Boost as Ripple Partners with Wormhole