RippleX, the development wing of Ripple Labs, has unveiled a major update to the XRPL EVM sidechain, facilitating Ethereum Virtual Machine (EVM) compatibility with the XRP Ledger (XRPL). This major development is set to enhance interoperability and open up new avenues for decentralized finance (DeFi) and real-world asset (RWA) tokenization on XRPL.
Ripple Partners With Axelar For EVM Bridge
The initiative to integrate EVM capabilities into the XRPL was first introduced on the XRPL devnet in October 2022. In a detailed blog post released by Team Ripple, the new sidechain is highlighted as a pivotal innovation.
“We collectively believe that the future of blockchain is multi-chain, and are excited to share an update on one of the top requests from the developer community: bringing Ethereum Virtual Machine (EVM) compatibility to XRP Ledger (XRPL),” the post reads. This compatibility aims to bridge the functional gap between XRPL and Ethereum, enriching the XRPL ecosystem
We współpracy z: https://bitcoinist.com/ripple-axelar-ethereum-virtual-machine-sidechain/
