Stablecoin giant Circle has officially launched USDC on the XRP Ledger, deepening its multichain strategy and giving Ripple’s ecosystem a major boost in liquidity, functionality, and institutional appeal.
The move comes just days after Circle’s successful public market debut, signaling the company’s accelerated push for global stablecoin adoption across decentralized finance (DeFi), payments, and capital markets.
USDC Now Live on XRP Ledger
Circle made the announcement on June 12, confirming that its flagship dollar-backed stablecoin is now available on the XRP Ledger (XRPL). This brings USDC’s availability to 16 blockchains, including Ethereum, Solana, Avalanche, and Base.
“The launch of USDC on XRPL is a significant milestone,” said Circle’s Head of Protocols, Rachel Mayer. “It supports our vision of making USDC the most ubiquitous and trusted digital dollar.”
This integration provides XRPL developers with direct access to USDC’s deep liquidity, enabling faster and cheaper stablecoin payments within the network’s built-in decentralized exchange (DEX) infrastructure.
Why This Matters for Ripple and XRP
The addition of USDC gives the XRP Ledger a critical edge in the race to dominate cross-border payments and enterprise blockchain solutions:
- Improved Liquidity: Traders and protocols can tap into USDC’s massive liquidity base for swaps, lending, and cross-chain bridges.
- Institutional Credibility: USDC is widely regarded as one of the most regulated and transparent stablecoins, potentially drawing more institutions to XRPL.
- More Use Cases: Developers can now build USDC-powered apps directly on XRP Ledger, including payment platforms, DeFi protocols, and enterprise tools.
Ripple CTO David Schwartz welcomed the development on social media, calling it “a pivotal moment” for increasing real-world utility on XRPL.
Circle’s Strategy After Going Public
USDC’s expansion comes on the heels of Circle’s recent public listing via a SPAC merger. Now trading on the NYSE, Circle is pushing to make USDC the leading stablecoin globally, competing against Tether (USDT) and PayPal USD.
According to the company’s roadmap, the next focus is boosting USDC’s adoption in Asia and Latin America through low-fee blockchain rails and banking partnerships.
USDC and XRPL: Key Integration Facts
- Launch Date: June 12, 2025
- Blockchain: XRP Ledger (XRPL)
- Block Finality: ~3-5 seconds
- Transaction Fees: Less than $0.01
- Supported Use Cases: Payments, trading, tokenized assets, DeFi
What’s Next?
While USDC’s launch on XRPL marks a major step forward, the stablecoin wars are far from over. Tether (USDT) still dominates trading volumes, and new entrants like First Digital USD (FDUSD) are gaining ground.
But with a successful IPO behind it and regulatory momentum in the U.S., Circle’s aggressive expansion—anchored by the USDC-XRPL launch—could reshape the global stablecoin landscape.
FULL COVERAGE: XRP | Cryptocurrency Market
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