Which chains support wXRP now?

TLDR

wXRP is supported on Solana, Ethereum, Optimism, and HyperEVM, with additional networks planned next. This is confirmed in recent coverage of the launch and rollout plans. Details

1. Issued by Hex Trust, wXRP is 1:1 backed and redeemable for native XRP. Overview
2. First rollout started on Solana, then expands to Optimism, Ethereum, and HyperEVM. Timeline
3. Designed to trade against RLUSD where supported, starting with Ethereum. Context

Deep Dive

1. Current Supported Networks

Recent launch coverage lists four supported chains for wXRP now: Solana, Optimism, Ethereum, and HyperEVM, with more integrations planned. This aligns across multiple reports that also note tradability alongside RLUSD on supported chains. Coverage, Recap

2. Mechanics and Safeguards

wXRP is issued and custodied by Hex Trust as a 1:1 representation of native XRP. Each unit is minted or burned upon deposit or redemption, with underlying XRP held in segregated institutional-grade custody. Authorized merchants can mint and redeem in a compliant, automated flow. Details, More

LayerZeros Omnichain Fungible Token standard is used to enable cross-chain movement, aiming to reduce reliance on unregulated third-party bridges while maintaining auditability and insurance coverage. Background

3. Utility and Risks

The aim is to expand XRP (XRP) access to swaps, lending, liquidity provisioning, and rewards on supported chains and to pair naturally with RLUSD where available, starting on Ethereum. Context

Wrapped assets introduce custodial and cross-chain risks because redeemability depends on the issuer and the bridging standard, even when regulated custody is used. Coverage highlights these trade-offs while noting growing DeFi demand for XRP exposure. Perspective

Conclusion

Today, wXRP broadens XRPs reach to four chains, with Solana as the initial launch point and Optimism, Ethereum, and HyperEVM live as part of the first wave. This allows XRP holders to tap DeFi across these ecosystems while keeping exposure to the underlying asset, though users should weigh the custody and cross-chain mechanics noted in the reports above.