Ripple and XRP have been seeing massive successes lately, starting with an important SEC victory and finishing with amazing partnerships.
Just the other day, we were revealing that the Wanchain team announced that now “XRP token holders can put their XRP to work and engage with the world’s many DeFi applications.”
Wanchain is a blockchain interoperability platform. Since “Wan” means “ten thousand” in Chinese, the brand name “Wanchain” translates to “ten thousand blockchains”.
As the online publication CryptoGlobe notes, this makes sense when you consider that the goal of Wanchain is to connect “the world’s many isolated blockchains.”
Join me tomorrow for a live chat and demo with VP of Engineering Dr. Weijia Zhang and CEO Jack Lu from @wanchain_org on the RippleX Developer Twitch stream.
See you there! https://t.co/FM4eSFgL2Y
— Matt Hamilton (@HammerToe) April 12, 2021
XRP holders can now “securely use their XRP to farm, mine and provide liquidity rather than simply leaving their tokens, inactive, in wallets and exchanges.”
At the moment of writing this article, XRP is trading in the green, and the coin is priced at $1.92.
XRP to see more use cases
It’s been just reported that XRP could soon witness a burst in new use cases in the growing DeFi space.
Wanchain’s (WAN) CEO and founder Jack Lu says XRP tokens will soon be available for DeFi integration through the blockchain interoperability platform.
“I’m so happy to announce that Wanchain’s decentralized cross-chain bridges for XRP are about to go live on mainnet. This means that XRP tokens can now be used for liquidity mining and yield farming.”
The whole crypto market is exploding these days with interest in BTC and the digital assets growing like there’s no tomorrow.