Ripple is expanding its capabilities in cross-chain communication by integrating the Wormhole protocol with the XRP Ledger (XRPL) and its compatible sidechain. This advancement aims to facilitate the smooth transfer of crypto assets, including stablecoins and tokenized real-world assets, across over 35 different blockchains, such as Ethereum, Solana, and Avalanche.

“If you want real mass adoption, interoperability is essential,” stated David Schwartz, Ripple’s CTO.
Translation: To achieve genuine broad market acceptance, it is crucial to have interoperability.

This announcement, made on Thursday, addresses an increasing institutional demand for efficient and streamlined movement of assets without the challenges of fragmentation. The integration aims to enhance developers’ ability to create multichain applications that maintain compliance, minimize costs, and ensure quick transactions.

Developers can now initiate cross-chain smart contract activities taking advantage of Wormhole’s messaging infrastructure. This integration not only allows for the transfer of XRP and other assets but also increases the accessibility of tokenized real-world assets on the XRPL, making it a key player for institutional investment opportunities in sectors like real estate.