Ripple Ledger Implements Axelar as Gateway to Expansion

IconCryptoNewsTerminal Staff13 Jun, 2024

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Ripple Ledger Implements Axelar as Gateway to Expansion

Ripple Ledger (XRPL) has recently made strides in its sidechain development, tentatively naming the project the "XRPL EVM Sidechain." A significant aspect of this initiative is the incorporation of Axelar (AXL), an interoperability protocol, which will serve as a bridge between the sidechain and XRPL. This move aligns with Ripple's ongoing efforts to expand the XRPL ecosystem and enhance its interoperability with other blockchains. Axelar's role as the bridging protocol will facilitate seamless transfer of assets and data between the sidechain and XRPL.