Yellow Network Integrates with XRPL EVM Sidechain

Yellow Community has linked its L3 clearing protocol, Yellow Clearnet, to the XRPL EVM Sidechain to reinforce liquidity and traceability for RWA buying and selling by means of high-speed, off-chain settlement.

Yellow Clearnet allows real-time, non-custodial cross-chain buying and selling between exchanges utilizing state channels, with solely closing settlements recorded on-chain. This method unifies liquidity throughout networks whereas bettering scalability and transaction effectivity.

The XRPL EVM Sidechain, developed by Peersyst with Ripple and the XRPL group, brings EVM compatibility to the XRP Ledger and offering interoperability with over 80 blockchains through the Axelar bridge.

The combination expands Yellow Clearnet’s current community, which already connects Ethereum, Polygon, and Binance Sensible Chain, with future plans to incorporate Solana, Bitcoin, and Polkadot.

Picture: Freepik