Coreum has launched the XRP Ledger (XRPL) bridge, permitting community members to maneuver XRP from XRPL to Coreum, the Cosmos ecosystem, and different supported EVM-compatible chains. Reza BASHASH, co-founder of Coreum and Sologenic, first introduced consideration to this performance in a current put up on X. Bashash shared a snapshot of the XRP dashboard on Coreum Explorer, displaying that there at the moment are 1.2 XRP tokens on the Coreum community.
Recall that the workforce first launched a bridge between XRPL and the Coreum community within the fourth quarter of 2022. Nevertheless, this bridge had restricted capabilities and solely allowed the switch of Coreum tokens (COREUM) from the XRP Ledger to the Coreum blockchain. Final December, it was reported that community members had already linked greater than 37 million COREUM utilizing this bridge.
In December 2023, the Sologenic workforce, creators of Coreum, introduced plans to increase the performance of the bridge by integrating superior interoperability options and enabling seamless switch of a number of belongings. Bob RAS, co-founder of Coreum stated that the bridge will facilitate interplay with EVM-compatible networks, together with Polkadot, Avalanche, Ethereum and BNB Good Chain. This interoperability will likely be attainable via the usage of the Inter-Blockchain Communication (IBC) protocol.
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