Yellow Network Integrates with XRPL EVM Sidechain

1 Min Read
1 Min Read

Yellow Community linked Yellow Clearnet, an L3 clearing protocol, to the XRPL EVM sidechain to reinforce liquidity and traceability of RWA transactions by quick off-chain settlement.

Yellow Clearnet permits real-time, non-custodial cross-chain buying and selling between exchanges utilizing nationwide channels, with solely the ultimate settlement recorded on-chain. This method unifies liquidity throughout the community, enhancing scalability and transaction effectivity.

The XRPL EVM sidechain, developed by Peersyst in collaboration with Ripple and the XRPL group, brings EVM compatibility to the XRP Ledger and offers interoperability with over 80 blockchains by way of the Axelar bridge.

This integration expands Yellow Clearnet’s present community, which already connects Ethereum, Polygon, and Binance Sensible Chain, and also will embody Solana, Bitcoin, and Polkadot sooner or later.

Picture: Freepik

See also  Archax Teams Up with tZERO for Cross-Listing of Digital Securities
Share This Article
Leave a comment
bitcoin
Bitcoin (BTC) $ 107,990.93
ethereum
Ethereum (ETH) $ 3,788.53
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 1,083.51
xrp
XRP (XRP) $ 2.47
cardano
Cardano (ADA) $ 0.608509
usd-coin
USDC (USDC) $ 1.00
binance-usd
BUSD (BUSD) $ 0.994976
dogecoin
Dogecoin (DOGE) $ 0.181702
okb
OKB (OKB) $ 151.64
shiba-inu
Shiba Inu (SHIB) $ 0.00001
tron
TRON (TRX) $ 0.292072
uniswap
Uniswap (UNI) $ 5.85
litecoin
Litecoin (LTC) $ 93.02
solana
Wrapped SOL (SOL) $ 187.39
chainlink
Chainlink (LINK) $ 17.05
cosmos
Cosmos Hub (ATOM) $ 2.96
ethereum-classic
Ethereum Classic (ETC) $ 15.28
filecoin
Filecoin (FIL) $ 1.47
bitcoin-cash
Bitcoin Cash (BCH) $ 539.16
monero
Monero (XMR) $ 322.53