Wormhole, a cryptographic protocol, has recently been making significant movements in the
cryptocurrency market. There have been notable developments, indicative of its growing clout in the fintech industry. For example, the integration of
Ripple's RLUSD Stablecoin with Wormhole enables the Stablecoin to go multichain, expanding its operations beyond Ethereum and its own network, XRP Ledger. This development pushes the boundaries of Ripple's existing platform, providing vital support for multichain activities. Additionally, Wormhole has released its W Token 2.0 Upgrade and the Wormhole Portal Earn, rewarding users for multichain activities.
BlackRock and
Securitize have also leveraged Wormhole's interoperability for their debut on the Solana Network.
Indian researchers performed groundbreaking studies on stabilising wormholes, which could drive speculative interest and activity around the Wormhole coin. Despite these successes, Wormhole was embroiled in a last-minute tussle over its unsolicited bid to acquire Stargate. Recognizing the demand, a stablecoin for the U.S. dollar,
USST by STBL, has also adopted Wormhole's NTT standard to expand multichain capabilities. Uniswap and Wormhole are also collaborating for Unichain interoperability.
Wormhole News Analytics from Wed, 26 Feb 2025 08:00:00 GMT to Sun, 28 Dec 2025 17:05:50 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor -6
