Ripple has announced the launch of a new sidechain, the "XRPL EVM sidechain", which will use #Axelar as its exclusive bridge protocol. This solution will allow users to exchange #XRP for wrapped XRP (eXRP), which will be used to pay for gas on the new sidechain. In addition, #Ripple is creating a new fund to support the development of its blockchain in Japan and Korea, as well as revealing the ticker of its future dollar-pegged stablecoin, #RLUSD .