XRP News Today: Ripple Integrates Wormhole Protocol with XRPL for Seamless Cross-Blockchain Asset Transfer

Ripple has successfully integrated the Wormhole protocol with the XRP Ledger (XRPL) mainnet and the Ethereum Virtual Machine (EVM) sidechain. This integration allows all assets minted on the XRPL, including XRP, IOUs, and Multi-Purpose Tokens, to move freely across more than 35 blockchains such as Ethereum, Solana, and Avalanche. This development streamlines cross-network messaging, asset transfer, and token issuance under one umbrella, making multi-blockchain infrastructure accessible to developers and financial institutions. Ripple emphasizes that the increased interoperability will accelerate cross-network-based decentralized finance and tokenization solutions.

Since its activation in 2020, Wormhole has handled over 60 billion USD in cross-blockchain transactions and relayed more than a billion messages, proving its reliability. The XRPL integration will allow the same infrastructure to transport Ledger assets to other blockchains while maintaining their status in the source blockchain. Developers will be able to initiate transactions through direct smart contract calls without creating additional bridge layers.

David Schwartz, Ripple’s Chief Technology Officer and XRPL co-founder, highlights that the frictionless movement of assets provides financial institutions with access to liquidity without compromising compliance requirements. The preservation of token identities reduces risk in areas like securitization and real-asset-backed cryptocurrency issuance, allowing institutions to transfer value between networks with modular smart contracts.

In June, XRPL welcomed Circle’s US dollar-based stable cryptocurrency into its ecosystem, and Ondo Finance began supporting products based on U.S. government debt on the Ledger. The Wormhole bridge will provide the necessary cross-blockchain liquidity for the widespread utilization of these assets at the push of a button. Ripple plans to launch an EVM sidechain by the second quarter of 2025, enabling direct interactions between Solidity-based smart contracts and XRPL assets.

The adoption of Wormhole infrastructure by major players like BlackRock, Apollo, and Securitize indicates the institutional interest in cross-network standards. Ripple executives underline that true mass adoption will only be possible with a common infrastructure across all networks, not just a single blockchain. XRPL’s modular architecture expands the experiences gained from previous bridges like Axelar, providing complementarity across protocols.

This integration is part of a broader trend within the XRPL ecosystem to enhance interoperability and provide more options for developers and financial institutions. The XRPL's modular architecture supports a variety of infrastructure providers, allowing applications to scale across networks while maintaining performance, efficiency, and regulatory alignment. The initiative is expected to offer additional flexibility for developers and institutions aiming to deploy cross-chain applications, covering use cases such as payment processing, DeFi, and tokenization of real-world assets (RWAs).

Ripple's involvement in advancing Wormhole integration supports XRPL’s strategic focus on maintaining a flexible and composable multichain environment. This development aligns with the XRPL’s core design as a decentralized blockchain infrastructure tailored for on-chain financial operations. It enhances XRPL’s utility by building on its foundational capabilities, including native support for tokenization, high-throughput settlement, liquidity provisioning, and infrastructure designed with compliance considerations.