Circle launched its USDC stablecoin on the XRP Ledger (XRPL) on Thursday. This marks a key step in expanding USDC across major blockchain networks.
The XRP Ledger now supports the dollar-pegged token, offering faster and more secure transactions for both retail and institutional users. Ripple, based in San Francisco, joined forces with Circle to make this possible.
The XRP Ledger acts as a decentralized network built for token transfers and asset exchange. It supports crypto assets and real-world tokens. With USDC on board, XRPL users now gain access to a stablecoin backed by full reserves and pegged one-to-one with the U.S. dollar.
low fees make XRPL ideal for stablecoin use
The addition of USDC aims to improve liquidity within the network. The move also seeks to attract developers, institutions, and financial service providers. By using XRPL’s low-cost settlement features, users can complete payments, transfers, and decentralized finance (DeFi) functions more efficiently.
USDC’s entry also supports tokenization and regulatory compliance, making it appealing for real-world use cases. The XRPL brings several built-in features to the table. These include a decentralized exchange (DEX), an auto-bridging tool that uses XRP for conversions, and low transaction fees.
These features make it ideal for supporting stablecoins and financial applications at scale. The XRPL has already handled billions of transactions without downtime or breaches since 2012. It maintains a network of over 200 validators and serves more than five million wallets.
Ripple to integrate USDC into payment solutions
Ripple plans to use USDC within its payment solutions alongside RLUSD. Its flagship Ripple Payments product has already processed over $70 billion in volume. It now covers more than 90 global payout markets, which represent most of the world’s foreign exchange transactions.
By adding USDC, Ripple and Circle aim to bring the traditional financial world closer to blockchain technology. Developers, businesses, and financial platforms now have new tools for building services on XRPL. Use cases like cross-border payments, remittances, and DeFi are expected to benefit the most.
This launch helps position the XRP Ledger as a serious platform for stablecoin adoption and financial innovation. It also signals growing momentum for USDC as it continues expanding across different blockchain networks.
