Through RippleX, we contribute to accelerating the Internet of Value by inspiring and enabling developers to build solutions that use the XRP Ledger, its native digital asset XRP, and related technologies. Our long-term vision is to enable the Internet of Value, where the world moves value like information moves today. Ripple is a crypto solutions company that transforms how the world moves, manages and tokenizes value to inspire new business models and create more economic opportunity. It is a bridge between both EVM and non-EVM compatible blockchains, that aims to cover L2 solutions and NFT transfers in the future.Īllbridge’s mission is to make the blockchain world borderless and provide a tool to freely move assets between various blockchains. Since its inception, more than $200 billion has been traded on the XRP Ledger’s DEX.Īllbridge’s XRP Ledger integration is expected to go live at the end of Q2 2022, for which Ripple will provide technical support.Īllbridge is a simple, modern, and reliable way to transfer assets between different networks. Pathfinding will execute the trade by finding the most efficient path within seconds, via XRP or another bridge asset, where liquidity is best. The XRP Ledger is a decentralized cryptocurrency ledger that is powered by a network of independent servers. For example, say you’re looking to trade from BTC into ETH on the XRPL DEX, and there is no ETH/BTC liquidity, but there are ETH/USD, BTC/USD, ETH/XRP, and BTC/XRP pairs. Yes, the XRP Ledger is live, and has been since early 2018. Pathfinding functionality also allows assets to find an efficient path for a trade. Other capabilities inherent to the XRP Ledger such as auto-bridging allow for assets transferred to the XRPL to access the DEX’s existing liquidity to create synthetic order books for assets. The XRP Ledger was created in 2012 with the first DEX. Together, we contribute to growing cross-chain interoperability within the DeFi space,” said Andriy Velykyy, co-founder and CEO of Allbridge. Allbridge will provide the bridging solution to make it possible and Ripple the technical support. “This partnership offers us a unique opportunity to add the support of XRP Ledger, enabling millions of DeFi users to interact with the XRP ecosystem. To date, over $4.8 billion in transactions have been processed using the cross-chain bridge. The integration will also bring assets such as $AVAX, $SOL, $LUNA and $MATIC - as well as the $USDT, $USDC and $UST stablecoins - directly to the XRP Ledger, leveraging its built-in decentralized exchange (DEX).Īllbridge is a simple, modern, and reliable way to transfer assets between different networks. Allbridge, a cross-chain bridge with more than $500 million in total value locked, is integrating the XRP Ledger (XRPL) as its 12th blockchain, allowing for the seamless transfer of its native digital asset XRP across Ethereum, Avalanche, Solana, Terra, Polygon, Fantom, Binance Smart Chain, Celo, Aurora, Harmony and Heco.

Xrp ledger live