Trust Wallet now supports tokens issued on the XRP Ledger, enabling users to send, receive, and manage these tokens along with the native XRP currency.
Integration of XRPL Tokens into Trust Wallet
The XRP Ledger is a layer 1 blockchain powering one of the largest and longest-standing assets in the cryptocurrency space: XRP. Over the past decade, the XRPL has earned its reputation as a fast network leading in blockchain innovation. With Trust Wallet's integration, users can now interact with the chain and store, send, and receive their XRP and XRPL tokens, providing opportunities to explore new possibilities within the XRPL ecosystem.
What's New with Ripple
Ripple has announced the launch of Ripple Custody, which offers clients customizable control over their operating and security models. This solution provides flexible key management, unlocking new use cases for the issuance and custody of tokenized securities and real-world assets (RWAs).
Future Plans
As the custody market is expected to exceed $100 billion by 2033, companies are aiming to ensure bank-grade security and 24/7 access to stay ahead. This also offers the opportunity to become a sub-custodian within a global custodian's network, expanding service distribution.
The integration of XRPL tokens into Trust Wallet and Ripple's innovations are opening new horizons for users' interaction with cryptocurrencies, providing opportunities for flexibility and security in asset management.
