- XRPL’s native USDC support boosts enterprise payments and cross-border efficiency
- DeFi on XRPL gains deeper liquidity and stablecoin-backed capital efficiency
- USDC’s expansion across 22 chains signals rising interoperability and trust
Circle’s USDC, the world’s second-largest stablecoin, has officially launched with native support on the XRP Ledger (XRPL). The integration gives developers and institutions direct access to a trusted, dollar-backed stablecoin without relying on bridges or wrapped tokens.
The addition of USDC significantly enhances the XRPL’s financial infrastructure, enabling more secure and efficient cross-chain operations and giving the digital dollar a broader reach into enterprise-grade finance.
USDC on XRPL to Power Institutional and Cross-Border Payments
According to an official blog post, the addition of USDC to the XRPL transforms the network into a more versatile financial ecosystem. Institutions can now use USDC for enterprise B2B payments and settlement, taking advantage of the XRPL’s high throughput and low transaction fees..
Furthermore, Circle’s APIs and its institutional platform, Circle Mint, now fully support the XRPL. This empowers fintechs, custodians, and wallets to integrate USDC directly, eliminating friction in onboarding and improving user experience.
Related: XRP Ledger Is Now Dubai’s Clear Choice for New Fractional Property Investing
A Boon for DeFi: USDC Brings Deep Liquidity to the XRPL
The native support for USDC also holds enormous promise for decentralized finance on the XRP Ledger. Market makers on the XRPL’s built-in decentralized exchange (DEX) can now leverage USDC to provide deeper liquidity for token pair trading and foreign exchange flows. This gives DeFi developers access to a trusted, fully reserved, and 1:1 backed stablecoin, which is critical for enhancing capital efficiency.
The network’s existing support for other stablecoins like RLUSD, USDB, and EURØP adds to its growing ecosystem. However, USDC stands out due to its regulatory backing and massive market presence. With native issuance on XRPL, Circle has already minted over $2 million in USDC, ensuring strong initial liquidity.
Related: Ripple-Backed USDB Stablecoin Goes Live on XRPL for Cross-Border Payments in Latin America
Integration Aligns with Push for Interoperability and Regulatory Clarity
Significantly, this move underlines a broader trend toward blockchain interoperability. With USDC now live on 22 different blockchains, its utility as a universal, cross-chain dollar grows stronger.
Just days before the XRPL launch, Circle also deployed USDC on Sam Altman’s World Chain, using the upgraded Cross-Chain Transfer Protocol (CCTP V2).
The launch is timely, as it coincides with significant progress on the US stablecoin bill known as the GENIUS Act indicates growing regulatory clarity. The U.S. Senate recently voted in favor of the bill, signaling bipartisan support for digital dollar frameworks. These developments together mark a turning point for stablecoin utility in regulated finance.
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