Axelar has successfully connected the newly launched XRPL EVM Sidechain to over 80 blockchains, enabling crosschain Real-World Asset (RWA) and DeFi applications. This integration significantly expands the utility and reach of the XRP Ledger (XRPL) ecosystem.
Live Crosschain Connectivity via Axelar
At EthCC, the Axelar Foundation—in collaboration with Ripple, Peersyst, and the broader XRPL community—announced Day 1 crosschain functionality for:
- The XRPL EVM Sidechain
- The XRP Ledger Mainnet
Key Features:
✅ Wrapped XRP as the native gas token for the EVM Sidechain
✅ Integration with Squid, the crosschain transfer UI for XRPL
✅ Seamless asset transfers across 80+ blockchains
Why Build on the XRPL EVM Sidechain?
Developers gain immediate access to XRPL’s institutional-grade infrastructure, including:
- 6M+ XRPL wallet holders
- Fast block times & low transaction costs
- Regulatory-compliant framework
Early Adopters & Ecosystem Projects
DeFi Protocols:
- Strobe: Money market for lending/borrowing
- Securd: Secure passive-income lending
- Vertex: Capital-efficient derivatives trading
Blockchain Tooling:
- Blockscout: EVM block explorer
- Goldsky: High-performance indexing
Institutional-Grade DeFi & Stablecoins
The XRPL EVM Sidechain enables:
🔹 Stablecoin deployments (e.g., USD-backed tokens)
🔹 RWA tokenization for institutional use cases
🔹 EVM-compatible dApps leveraging XRPL liquidity
David Schwartz, CTO at Ripple:
"Axelar’s crosschain infrastructure unlocks EVM tools for XRPL developers without altering the ledger’s core fundamentals."Georgios Vlachos, Axelar Foundation:
"XRPL’s compliance-ready infrastructure is ideal for institutional stablecoins and next-gen financial products."
How to Get Started
For Developers:
For Users:
- Use Squid for crosschain transfers
FAQ Section
Q: What is the XRPL EVM Sidechain?
A: An EVM-compatible sidechain linked to XRP Ledger, enabling crosschain DeFi/RWA apps.
Q: How does Axelar enable interoperability?
A: Axelar’s protocol connects 80+ blockchains, allowing secure asset transfers.
Q: Can I use my existing XRPL wallet?
A: Yes! No new wallet is needed—interact directly via Mainnet.
👉 Explore Axelar’s Crosschain Solutions
About Axelar:
The Gateway to Open Finance, Axelar is a decentralized interoperability network backed by Dragonfly, Polychain, and Binance Labs.