Novel Wanchain (WAN) development makes XRPL seamlessly interoperable with Ethereum, BNB Chain, XinFin XDC Network and Wanchain itself
WanChain (Wide Area Network Chain), an ecosystem of blockchain solutions focused solely on interoperability challenges, has created an array of protocols to make XRPL compatible with other blockchains.
Cross-chain XRPL tokens introduced by Wanchain
According to the announcement shared by Wanchain developers on Medium, the first batch of “cross-chain XRPL tokens” goes live. This means that these tokens can be seamlessly transferred from XRPL to other L1s.
Previously, Wanchain built an interoperability module for XRP, the first cryptocurrency in the XRPL ecosystem.
Now, XRPL-based assets can be transferred to various leading programmatic blockchains – Ethereum, BNB Chain, XinFin XDC Network and Wanchain – through purpose-made one-time addresses.
The first assets supported are GZX, xBILBx, XList and NVL. While xBILBx, XList and NVL can only be transferred to the XinFin XDC network and Wanchain, the GZX token is now available on five networks simultaneously.
More assets, more bridges ahead
In the explanatory post, the Wanchain team shared the trustlines’ and token issuers’ details in order to guarantee seamless noncustodial interaction between various networks.
The Wanchain team is confident that more XRPL-based assets will be joining the club soon, while means to bridge the token from other blockchains to XRPL are under development.
As covered by U.Today previously, in May 2022, Wanchain created an instrument that connected Polkadot, Moonbeam, and Moonriver between each other.
