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CoinDesk's Most Influential in Crypto 2018
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By Pete Rizzo
Updated Sep 13, 2021, 8:43 a.m. Published Dec 31, 2018, 4:53 p.m.
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Wrapped XRP on Solana lets XRP holders access Jupiter, Phantom, and Meteora without selling the asset, the latest step in Hex Trust's multi-chain wXRP rollout first announced in December.
What to know:
- Wrapped XRP (wXRP) has launched on Solana via custodian Hex Trust and cross-chain protocol LayerZero, making XRP usable in Solana’s DeFi ecosystem for the first time.
- Each wXRP is backed 1:1 by native XRP held in segregated custody accounts and can be redeemed at any time, allowing holders to deploy...
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