Despite XRP (CRYPTO: XRP) declining about 10% over the past month, developments in the broader Ripple ecosystem suggest the XRP Ledger (XRPL) could play an important role in the future of institutional on-chain finance.
XRPL Building A Foundation For Institutional Finance
Robinson Burkey, co-founder of the Wormhole Foundation, said the XRP Ledger has created a strong foundation by attracting developers and building decentralized finance tools.
However, many blockchains still operate in isolated ecosystems.
Wormhole aims to solve that by connecting XRPL with other networks.
The protocol acts as a translation layer, enabling blockchains to …Full story available on Benzinga.com
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