XRP has entered a new phase of evolution. The asset is moving beyond payments and gaining deeper access to multichain DeFi. This shift introduces new utility, wider liquidity routes, and a stronger position for XRP in the expanding blockchain economy. The development marks one of the most important ecosystem upgrades in recent months.
Hex Trust announced the launch and custody of Wrapped XRP (wXRP). The asset is a 1:1-backed representation of native XRP. It is issued using the LayerZero OFT standard, which supports seamless cross-chain movement. Hex Trust confirms that the first deployment will go live on Solana. The company also plans to expand wXRP to more chains over time.
What is wXRP?
Wrapped XRP is designed to help XRP operate on blockchains outside its native Ledger. The token mirrors native XRP and remains fully redeemable. It unlocks new utility for XRP holders by enabling direct access to DeFi ecosystems. Users can easily interact with lending, liquidity pools, automated market makers, and other advanced products.
🚀 HUGE news for the #XRP ecosystem! @Hex_Trust is launching and securing Wrapped XRP (wXRP), a 1:1-backed representation of native XRP, issued on @LayerZero_Core OFT Standard, to unlock #DeFi utility across multiple blockchains, starting with @Solana.
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— Hex Trust (@Hex_Trust) December 12, 2025
The OFT standard removes many issues linked to older bridge models. It reduces fragmentation and ensures a single unified supply. It also supports secure messaging, allowing assets to move safely between chains. This structure makes wXRP more flexible and more efficient for DeFi protocols.
Why Solana Matters for XRP Holders
Solana provides high throughput and very low transaction costs. These qualities make it ideal for scaling wrapped assets. The launch of wXRP on Solana will give XRP holders access to fast and deep liquidity.
It will also introduce XRP to a broad and active DeFi community. Solana’s ecosystem includes large automated market makers and lending platforms that can adopt wXRP. This connection strengthens the token’s presence in the multichain economy. It also creates smoother liquidity corridors for developers and institutional partners.
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The Role of Hex Trust
Hex Trust is a regulated and institution-grade custodian. The company will secure the XRP backing each wXRP token. This framework ensures trust, transparency, and reliability. The involvement of Hex Trust also signals growing institutional confidence in XRP.
Custodial assurance matters for both users and developers. It supports long-term stability and helps wXRP integrate with regulated DeFi platforms. The structure also supports compliant on-chain financial products using XRP.
What This Means for the XRP Ecosystem
The arrival of wXRP opens many new paths. Developers can now build multichain applications that rely on XRP liquidity. Traders gain access to deeper and faster markets. Institutions can interact with XRP through expanded on-chain tools. The upgrade also aligns with the broader trend of creating unified cross-chain liquidity.
This is not a theoretical development. It is a practical shift that expands what XRP can do. It strengthens the token’s utility and supports the long-term vision of frictionless value movement.
Looking Ahead
More integrations are expected soon. Additional chains will list wXRP. DeFi protocols will add support. Liquidity will grow as adoption increases. The development positions XRP for broader use across the digital asset markets. Holders should expect new applications, new opportunities, and more utility in the months ahead.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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