Ripple to use Axelar as bridge protocol for EVM sidechain
Blockchain network XRP Ledger, supported by payment company Ripple, has revealed the official name of its upcoming sidechain as "XRPL EVM Sidechain" and stated that it will launch with Axelar as the exclusive bridging protocol. The interoperability platform Axelar will allow users to exchange their XRP for wrapped XRP (eXRP), which will also serve as the native token for Gas fees on the sidechain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Trading Club Championship (Phase 2) – Grab a share of 50,000 BGB, up to 500 BGB per user!
Bitget Trading Club Championship (Phase 2) – Grab a share of 50,000 BGB, up to 500 BGB per user!
Subscribe to UNITE Savings and enjoy up to 15% APR
Subscribe to UNITE Savings and enjoy up to 15% APR
Trending news
MoreCrypto prices
More
