XRP Ledger Sidechain Completes Major Roadmap Milestone

In a significant development, the Xahau sidechain on the XRP Ledger has gained prominence with the introduction of a blockchain-powered settlement system for euro-denominated remittances to Ethiopia. This innovation is the result of a collaborative effort between TerraPay, a leading global payments infrastructure company, and the Cooperative Bank of Oromia, with the Inclusive Financial Technology Foundation (INFTF) providing crucial support. By working closely with Ethiopian financial regulators, the trio has established a robust framework for blockchain-based inward remittance settlement.

As evidenced by a recent tweet from the official Xahau account, the project has achieved a key milestone, underscoring the growing utility of the Xahau blockchain. The settlement layer at the heart of this initiative is the Xahau Blockchain, which is being increasingly recognized for its potential to drive real-world change. The Xahau Network's roadmap, accessible at https://t.co/Ml3VxnY4nB, highlights the progress made so far and the future plans for the ecosystem.

Meanwhile, the XRP Ledger Foundation, a non-profit organization dedicated to promoting the XRP Ledger and its community, has unveiled a new team comprising experienced professionals. The team includes Brett Mollin as Executive Director, Denis Angell as Chief Technology Officer, Rene Huijsen as Director of Operations, and Hussein Zangana (aka Vet) as Director of Community. This new team is committed to collaborating with stakeholders to advance the XRP Ledger community and technology.

The XRP Ledger has also undergone a significant update with the release of version 3.1.3, which includes a fix amendment. Furthermore, a major breakthrough was achieved this week when Ondo, Ripple, JPMorgan, and Mastercard successfully completed the first cross-border redemption of tokenized US Treasuries on the XRP Ledger. This accomplishment marks a significant milestone for the blockchain, demonstrating its potential for facilitating complex financial transactions. As of May 9, 2026, the Xahau Network continues to make strides in its mission to become the blockchain of choice for driving meaningful change.