Uphold has taken a major step in expanding the digital finance landscape by integrating USD Coin (USDC) into the XRP Ledger (XRPL). This development not only enhances the utility of stablecoins but also strengthens the XRPL’s position as a fast, scalable, and efficient blockchain network. This marks the first time that a USDC wallet has been directly integrated into the XRPL, enabling seamless transfers of USDC in and out of XRP Ledger wallets. The collaboration bridges one of the world’s most trusted stablecoins with a blockchain platform celebrated for its speed, affordability, and eco-friendly architecture. Connecting USDC to a High-Speed Blockchain USDC, issued by Circle and fully backed by U.S. dollar reserves, has grown into a stablecoin widely used for payments, trading, and decentralized finance (DeFi). Its introduction to the XRP Ledger enables global users to benefit from the stability of a fiat-backed digital asset combined with the speed and reliability of the XRPL. We’re bringing you USDC on XRPL! Enjoy the flexibility of moving your $USDC to your Uphold and external XRPL wallet. The XRP Ledger is designed to connect financial institutions, payment providers, and individuals, enabling fast and low-cost cross-border crypto transactions pic.twitter.com/gpY0mtj3lO — Uphold (@UpholdInc) June 19, 2025 By operating on XRPL, USDC gains a robust infrastructure with fast finality and low transaction fees—ideal for use cases ranging from remittances and business payments to fintech and DeFi applications. Real-World Use Cases for Everyday Users and Businesses With Uphold’s support for USDC on XRPL, users can now send and receive money faster and more cost-effectively. Whether for personal finance, cross-border remittances, or enterprise transactions, the integration removes friction and enhances user experience across the board. This also enables entrepreneurs and developers to create payment systems, financial apps, and DeFi solutions powered by USDC on the XRPL platform. The combination of a stable digital currency with a highly efficient blockchain network provides an ideal foundation for innovation. Regulatory Progress Adds Momentum The timing of this move aligns with recent regulatory advances in the United States. Lawmakers introduced the Genius Act on June 18, a proposed law that would create a federal regulatory framework for stablecoins backed by traditional currencies, such as USDC. The act includes clear guidelines for licensing, transparency, and reserve management, creating a more credible environment for issuers such as Circle. As regulatory clarity increases, institutional confidence in stablecoins is expected to grow, strengthening their role in mainstream financial operations. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 This increased legitimacy not only benefits USDC but also supports broader adoption of platforms like the XRP Ledger, which can serve as a regulatory-friendly environment for digital asset innovation. XRP Ledger Achieves Deflationary Milestone In parallel with this integration, the XRP Ledger has reached a significant deflationary benchmark. As of June 2025, over 13.8 million XRP have been permanently burned through transaction fees—an inbuilt feature of the protocol designed to gradually reduce the supply over time. Although this figure is modest relative to the total supply cap of 100 billion XRP, it highlights consistent network usage and the XRPL’s deflationary nature. This mechanism adds long-term value support for XRP and reinforces the ledger’s attractiveness as a platform for asset issuance. A Powerful Synergy for the Future of Finance The integration of USDC into the XRP Ledger via Uphold represents more than just a technical update—it’s a pivotal moment for the future of blockchain-based finance. By bringing together a trusted, regulated stablecoin and a high-performance blockchain, this collaboration lays the groundwork for a new wave of financial innovation. For developers, it unlocks the potential to build advanced payment applications and DeFi tools. For users, it delivers a faster, cheaper, and more dependable way to interact with digital money. And for the broader industry, it signals a maturing ecosystem that’s ready for regulatory adoption and global scale. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Uphold Adds USDC for XRP Ledger appeared first on Times Tabloid .
