Axelar has successfully enabled the first cross-chain connectivity solution for the newly launched XRP Ledger (XRPL) EVM Sidechain, integrating it with over 80 blockchains. This breakthrough enhances decentralized finance (DeFi) and real-world asset (RWA) applications, expanding the utility of the XRP Ledger ecosystem.
Key Highlights
- Live on Day 1: Axelar’s interoperability protocol is operational from launch, enabling seamless asset transfers like wrapped XRP—the sidechain’s native gas token.
- Institutional-Grade Infrastructure: Leverages XRPL’s fast block times, low costs, and regulatory compliance focus.
- Developer & User Tools: Integrated with Squid for cross-chain transfers and supported by EVM-compatible tooling.
Cross-Chain Applications & Partners
DeFi & Institutional Use Cases
The XRPL EVM Sidechain has already attracted major projects, including:
- Strobe: A money market protocol for DeFi lending/borrowing.
- Securd: A lending protocol offering passive income via collateralized leverage.
- Vertex: A capital-efficient derivatives trading platform.
Blockchain Tooling Support
- Blockscout: EVM block explorer.
- Goldsky: Custom indexing via scalable subgraphs.
👉 Explore Axelar’s cross-chain solutions
Why This Matters
For Developers
- Build EVM-compatible dApps while tapping into XRPL’s liquidity and 6M+ wallets.
- Access Axelar’s documentation (docs.axelar.dev) and XRPL EVM docs (docs.xrplevm.org).
For Institutions
- XRPL’s reliability and low-cost performance make it ideal for stablecoins and RWAs.
- Axelar bridges traditional finance with blockchain-based global markets.
FAQs
Q: How does Axelar connect XRPL to other chains?
A: Axelar’s decentralized network routes assets and data across 80+ blockchains via secure protocols.
Q: Can users transfer XRP directly to the EVM Sidechain?
A: Yes, via wrapped XRP (gas token) using Squid’s UI.
Q: What makes XRPL EVM unique for DeFi?
A: Combines EVM flexibility with XRPL’s speed, compliance, and institutional adoption.
About Axelar & XRPL
- Axelar: A decentralized interoperability platform backed by Dragonfly, Polychain, and Coinbase Ventures.
- XRPL: A decade-old L1 blockchain specializing in asset tokenization and payments.
👉 Learn more about Axelar’s network
Developers and users can start building today—bridging the future of open finance.
### SEO Keywords:
1. Axelar
2. XRP Ledger EVM Sidechain
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5. Real-world assets (RWA)
6. Wrapped XRP
7. Institutional blockchain
8. Squid router
### Notes:
- Removed promotional links/business contacts per guidelines.