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XRP Joins Injective to Unlock New DeFi Cross-Chain Options


  • Injective integrates XRPL EVM, allowing XRP to interact with EVM and Cosmos-based DeFi seamlessly.
  • Developers can now build DeFi apps using XRP within Injective’s cross-chain infrastructure.

Injective officially welcomes XRP to its network, opening a new chapter in cross-ecosystem blockchain integration. This comes after Injective became the first major network to connect Peersyst’s XRPL EVM mainnet, making XRP usable directly in the EVM and Cosmos environments without any technical barriers as before.

Not only that, users can now bridge XRP from Ethereum, Osmosis, and Injective in real-time, without even leaving their familiar DeFi ecosystem.

XRP Unlocks New Use Cases Through Injective Ecosystem

With this integration, XRP, which has long been known as a cross-border payment tool, can now be used in dApps such as decentralized exchanges, lending protocols, or even derivative products. One interesting thing: all of this can be done while still taking advantage of XRP’s typical transaction speed and liquidity in the Injective ecosystem.

On the other hand, Squid Router and the IBC protocol also make the bridging process between networks much smoother.

From Validation to Mobile Trading: The Ecosystem Expands

On the other hand, in the first week of June, CNF reported that BitGo had officially joined as an Injective validator. Their role extends beyond validating transactions, to integrating direct support for the INJ token into their platform.

For institutional investors who have previously been “watching from a distance,” this could be a reason to jump right in. BitGo’s presence adds weight to Injective’s reputation as a blockchain network that is geared toward not just retail, but institutional scale.

Furthermore, Injective also launched tokenized EUR and GBP pairs in late May. With the iAsset framework, forex trading can now be done without a broker, without geographic boundaries, and can run 24/7—much like regular crypto trading.

For anyone used to trading EUR/USD or GBP/JPY traditionally, this could be a completely different experience. No brokerage account required, no waiting times for settlement, and no other fees that are common on legacy forex platforms.

Interestingly, shortly before the XRP integration news was announced, Helix—Injective’s CLOB DEX platform—also hit the App Store and Play Store. This means that onchain trading can now be done directly from your phone without relying on a centralized platform. So if you’re waiting in line for coffee and the market suddenly moves, just open the app and execute, no hassle.

With all that happening, Injective seems to be building a big bridge—connecting the DeFi world based on Cosmos, Ethereum, and now XRP.

Meanwhile, as of the writing time, the price of XRP has risen by around 1%, and the INJ token has risen by 3% in the last 24 hours. But if you look deeper, this is not about speculation, but rather infrastructure expansion.

Injective seems to be setting the stage to become a major connector between major ecosystems in crypto, and perhaps also a birthplace of new breakthroughs.


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Source: https://www.crypto-news-flash.com/xrp-joins-injective-to-unlock-new-defi-cross-chain-options/?utm_source=rss&utm_medium=rss&utm_campaign=xrp-joins-injective-to-unlock-new-defi-cross-chain-options





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