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The XRP Ledger (XRPL) has witnessed some developments in recent times, which are set to boost the network’s activity. This includes the Wormhole integration, which enables interoperability and unlocks access to other networks. 

XRP Ledger Integrates Wormhole For Network Interoperability 

In an X post, Wormhole announced that it has partnered with Ripple to bring multichain interoperability to the XRP Ledger and the upcoming XRPL EVM Sidechain. Wormhole will be the core interoperability platform for the XRPL ecosystem. This integration will further expand the network’s adoption, as users will now be able to transfer their assets from the XRPL to other major networks. 

Wormhole also noted that this would bring new connectivity for developers and institutions looking to build multichain applications, whether for payments, DeFi, and RWA use cases. The XRP Ledger continues to expand, considering the integration and launch of new initiatives on the network, including the recent integration of Circle’s USDC stablecoin

Furthermore, Bitcoinist reported that the European Central Bank (ECB) is testing the XRP Ledger for bond settlement. Specifically, the ECB is working on the Axiology DLT Trading and Settlement System (TSS). However, it is worth mentioning that Axiology is a “private, permissioned infrastructure” which is built using the XRPL’s ope

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Author: Scott Matherson

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