The XRP Ledger launched its EVM Sidechain on the mainnet, offering Ethereum compatibility with the speed and reliability of XRPL.
Developers now have access to Ethereum tools for building dApps using XRP as gas, provided by partners like Peersyst, Axelar, and Squid.
The XRP Ledger EVM Sidechain aims to target DeFi with 1,000 TPS and strong multichain integration through partners like Axelar and Squid.
Ecosystem partners are driving real-world adoption of the XRP Ledger EVM Sidechain by introducing lending, borrowing apps, derivatives platforms, and developer tools.