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Full-chain Layer1 Axelar (AXL) has reached a cooperation with Ripple, focusing on supporting the RWA ecological application development of XRP

Full-chain Layer1 Axelar (AXL) has reached a cooperation with Ripple, focusing on supporting the RWA ecological application development of XRP

CointimeCointime2024/02/28 04:10
By:Cointime

Axelar Foundation announced a partnership with Ripple. Axelar network has now integrated with XRP Ledger (XRPL) to increase interoperability and achieve the next growth phase of Real World Asset (RWA) tokenization. This collaboration will allow developers to use Axelar's General Message Passing (GMP) to execute calls on smart contracts residing on more than 55 blockchains, facilitating cross-chain operations to deploy decentralized applications on XRPL. The integration of Axelar also unlocks liquidity for stablecoins and large assets.

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