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Circle Expands USDC to XRP Ledger
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Disclaimer :
The information provided in this news article is for informational purposes only and reflects publicly available data and opinions at the time of writing. It should not be considered financial or investment advice.
Circle has officially launched USD Coin (USDC) on the XRP Ledger (XRPL), marking its 22nd blockchain integration. As of June 12, approximately $2 million worth of USDC had already been minted on the network.
This integration supports native issuance via Circle's minting APIs rather than relying on third-party bridges—offering developers, businesses, and users a more secure and efficient experience. USDC on XRPL is designed for real-time payments, decentralized finance, and business applications, benefitting from XRPL’s built-in decentralized exchange and fast settlement features.
USDC stands as the second-largest dollar-backed stablecoin, with over $61 billion in market cap—primarily on Ethereum and Solana. Expanding to XRPL enables access to stablecoin liquidity around the clock and aligns USDC with other fiat tokens on XRPL, such as XSGD, EUR₰P, RLUSD, and USDB.
For the XRP Ledger, USDC integration enhances its stablecoin ecosystem and institutional appeal. Maintaining compliance capabilities like Permissioned Domains and Credentials, the ledger continues to build its use case in regulated markets—positioning itself as a strong alternative infrastructure for tokenized assets.
Why It Matters
Broader Financial Use-casesUSDC on XRPL unlocks secure, low-cost cross-border payments, payroll processing, and DeFi services with superior settlement speed.
Improved Stability and LiquidityAdding USDC deepens stablecoin volume on XRPL,…