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What’s Wrapped XRP (wXRP), and the way does it work? By Cointelegraph



Wrapped XRP (wXRP) is a crypto asset pegged to XRP (XRP) and can be utilized on blockchains aside from Ripple’s native XRP Ledger. is a blockchain-based world funds system offering crypto options for companies, and XRP is the native forex of the Ripple community. Similar in worth, its wrapped model, wXRP, can be utilized in monetary funds and settlements on different blockchains.

This text will focus on why we want wXRP, learn how to purchase wXRP, use circumstances of wXRP, and the aim and security of wXRP tokens.

Interoperability

Liquidity