XRP Ledger just went live with native cross-chain transfers through Axelar Network. The move plugs XRPL directly into Axelar's infrastructure, meaning users can now shift assets between blockchains without the friction that typically slows down multi-chain operations.
Both the XRP Ledger and its EVM Sidechain are now accessible through the Axelar App. Users can move supported tokens like XRP, WETH, WBTC, and several stablecoins across multiple networks with settlement happening in seconds on the XRP Ledger side. The initial lineup includes USDf, SHx, SOIL, mBTC, mTBILL, and mXRP alongside XRP itself.
Why this matters for DeFi and tokenization
Cross-chain infrastructure solves a stubborn problem in blockchain: getting assets to move securely between different networks. Interoperability protocols like Axelar make that possible by handling the complex verification and settlement. The payoff is real. More liquidity flows into DeFi applications, developers gain access to assets across multiple chains, and capital markets can operate more efficiently.
Ripple has been pushing hard on this front. Earlier this week the company announced investments in ZILO and Licuido, both working on capital markets infrastructure for XRPL. Ripple President Monica Long recently signaled that financial institutions have moved past the testing phase. Production deployments are now happening. The company's playing a longer game here, building out the full stack for tokenized assets on XRP Ledger.
Aviva Investors already tokenized its U.S. Dollar Liquidity Fund on XRPL, showing that real institutions are starting to use this infrastructure. Each integration like the Axelar deal chips away at the fragmentation problem that's kept most blockchains siloed from one another. The XRP Ledger Foundation also announced a partnership with Ankr to expand globally distributed node infrastructure, another piece of the puzzle.
This article is for informational purposes only and should not be construed as financial advice or investment guidance.
