XRP Expands to Ethereum and Solana with wXRP Launch
- wXRP will be available on Ethereum, Solana, Optimism, and HyperEVM, backed by native XRP.
- Hex Trust is launching wXRP with $100 million in total value locked for cross-chain liquidity.
- The initial reserve holds over 50 million XRP, with equal wXRP already circulating on Ethereum.
- Ripple’s RLUSD stablecoin is gaining traction, used in partnerships with Mastercard and Gemini.
The introduction of wXRP by Hex Trust aims to enhance XRP’s utility across the DeFi space and multiple blockchains beyond its native ledger. This move is designed to meet the growing demand for XRP integration into broader crypto ecosystems.
With $100 million in liquidity and a robust reserve backing, wXRP’s launch marks a significant step in expanding XRP’s reach into decentralized finance markets across supported chains. (Source)
