Ripple to Add Ethereum-Compatible Smart Contracts to XRP Ledger
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Ripple, the company behind the XRP cryptocurrency, announced plans on September 3 to integrate Ethereum-compatible smart contracts into the XRP Ledger (XRPL), seeking to enhance the blockchain’s capabilities and attract a broader developer base.
This move is expected to reshape the XRPL ecosystem by introducing new functionalities and expanding its appeal to developers.
A September 3 press release reveals that the integration of Ripple smart contracts into the XRPL ecosystem marks a strategic shift for Ripple, positioning it to compete more directly with established platforms like Ethereum, BNB Chain, Avalanche, and Solana.
2/ Ripple and the broader XRP community are committed to bringing new programmability, including smart contracts, to the XRPL dev ecosystem in 2025 – through the XRPL EVM sidechain (already in the works) as well as exploring native capabilities on XRPL Mainnet.…
This strategic enhancement intends to create new opportunities for users, builders, and entrepreneurs, ranging from decentralized finance (DeFi) applications to supply chain management solutions.
Ripple’s approach to implementing smart contracts is two-pronged. Initially, the feature will be deployed on the XRPL Ethereum Virtual Machine (EVM) sidechain, developed in collaboration with blockchain firm Peersyst.
This sidechain will provide a familiar environment for developers who are accustomed to Ethereum-based smart contracts, permitting the use of the Solidity programming language.
The second phase of the implementation will introduce smart contracts to
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