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crypto.news 2025-06-12 19:10:26

Circle brings USDC to XRP Ledger in major stablecoin expansion post-IPO

With native USDC support, the XRP Ledger gains a trusted, regulated stablecoin, while Circle accesses the ledger’s proven cross-border infrastructure for strategic expansion following its public debut. USDC issuer Circle announced on June 12 that the world’s second-largest stablecoin by market cap has been deployed on the XRP Ledger, allowing developers, institutions, and users to access it directly on the network—without the need for bridging. The company said its institutional stablecoin creation platform, Circle Mint, and Circle APIs now fully support USDC on the XRPL mainnet, bolstering the stablecoin’s liquidity while enabling users to benefit from the XRPL’s fast and secure infrastructure. You might also like: DTCC joins stablecoin race, awaits clarity from U.S. lawmakers USDC use cases on the XRPL According to the announcement, users can leverage USDC on XRPL for a range of purposes, including real-time payments and cross-border remittances. XRPL is known for low transaction costs and rapid global settlements. Ripple has noted that its payments platform has processed over $70 billion in transactions to date. Developers can integrate USDC into decentralized finance products, trading applications, and on/off-ramping services. With support from Circle Mint and its APIs, institutions gain a streamlined gateway to issue, redeem, and manage USDC at scale, while taking advantage of XRPL’s decade-long track record of high throughput, low fees, and regulatory-friendly design. “Regulated stablecoins like USDC coming to the XRPL will enable new institutional and retail use cases by leveraging the ledger’s built-in capabilities for compliance, tokenization, low-cost settlement, and seamless on/off-ramps,” said Markus Infanger, Senior Vice President, RippleX. The integration marks a strategic step for Circle, coming just one week after its public listing. The move expands USDC’s footprint across major blockchain ecosystems and reinforces the firm’s commitment to embedding its stablecoin within both advanced crypto networks and legacy financial systems. For XRPL, the addition of USDC enhances its appeal to wallets and global financial service providers seeking enterprise-grade stablecoin liquidity without sacrificing security or efficiency. Read more: Best altcoins to buy if Bitcoin hits $1m as Michael Saylor predicts

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