Hassan Maishera
On Friday, the LayerZero team announced via X that LayerZero has been chosen by Hex Trust to power XRP expansion everywhere, starting with Solana. Launched in 2012, XRP is one of crypto’s earliest solutions for building a universal settlement layer for value.
Long before today’s multichain world, the XRP Ledger launched as a chain for banks, remitters, and fintechs to coordinate quickly and cheaply on crypto rails. wXRP — a 1:1 representation of XRP secured by Hex Trust and issued with the OFT Standard — is coming to Solana, bringing XRP to millions of new users. Notably, RLUSD will be the wXRP liquidity pair for supported chains.
Native XRP sits in Hex Trust’s institutional-grade custody, while wXRP remains redeemable 1:1 on the XRP Ledger at all times. This is the first compliant, institution-ready pathway for XRP into DeFi — opening XRP liquidity to builders, protocols, and market makers across chains.
LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $1.461, down 4% in the last 24 hours.
