Ripple Uses Wormhole’s NTT to Support Multichain Token Control
Photo: TokenPost
Ripple is using Wormhole’s Native Token Transfers (NTT) technology to support multichain token control, allowing issuers to manage assets across blockchain networks while preserving their own controls. Wormhole’s NTT framework is designed to maintain an asset’s native properties across chains. It also supports issuer control across chains. The development reflects broader adoption of multichain infrastructure as projects seek greater control over how tokens operate across different networks. Securitize and LidoFinance are also using the technology for multichain deployments. Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
