Ripple Labs has announced a new partnership with Wormhole aimed at enhancing multichain interoperability for XRP Ledger. This initiative will enable developers to build applications leveraging multiple blockchains.
Multichain Upgrade for XRPL EVM Sidechain
In a post to the community, Ripple clarified that the partnership will facilitate easier interaction between XRPL, its EVM sidechain, and other blockchains. This implies that developers can proceed to build apps that span several blockchains.
Additionally, this integration will enable easy payments between cross-chain decentralized finance and real-world assets, as well as other ecosystems.
Community Reactions to the Partnership
The partnership announcement has sparked mixed reactions on social media platform X. Many have applauded the move, noting that it would expand the reach of the community. One user stated:
> "Great to hear this! XRPD has plans for the XRPL and the EVM side chain. Happy to see this partnership and progress." > — BronzEmerald | XRPD | ADL
Future of Ripple and Legal Issues with SEC
Meanwhile, other users remain anxious about the ongoing lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC). Judge Analisa Torres recently denied a motion for an indicative ruling filed by both parties in the lawsuit, emphasizing that the court must serve the interest of all, including the public.
Ripple's partnership with Wormhole highlights the company's commitment to enhancing its position in the decentralized finance and blockchain infrastructure sectors, despite ongoing legal challenges.