Circle announced that USDC is now officially supported on Ripple's XRP Ledger (XRPL), marking a collaboration between the two major cryptocurrency giants. As one of the world's largest regulated stablecoins, USDC will leverage XRPL's fast and low-cost network to support developers, institutions, and users across various scenarios such as enterprise B2B payments and DeFi liquidity provision. This integration requires no bridging, as Circle's minting and API services now fully support USDC on XRPL, enhancing cross-border payment efficiency and market liquidity. This move is expected to drive the widespread adoption of stablecoins in the fintech sector.

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Circle, the issuer of USDC, one of the largest stablecoins in the cryptocurrency market, has published a new announcement. Accordingly, Circle announced that USDC has been launched natively on the XRP Ledger, supporting developers, institutions, and users in enterprise B2B payments, DeFi liquidity provision, and more. Circle has announced that USDC is now officially supported on XRPL. While this integration was announced on Circle’s official X account, the move brings the second-largest stablecoin USDC to XRPL, a fast and low-cost network. With this launch, developers, enterprises, and fintech innovators will have the opportunity to leverage USDC on XRPL for a variety of use cases. Going forward, USDC can be used for faster and more efficient B2B cross-border payments and by market makers to increase liquidity for token pairs and currency flows.  "USDC on XRPL is now live! We are excited to announce that USDC, the world's largest regulated stablecoin, is now available on the XRPL mainnet and accessible to developers, institutions, and users. No more bridging required. Circle Mint and Circle APIs now fully support USDC on XRPL, allowing you to easily access USDC liquidity and benefit from XRPL’s fast and secure network.”  *This is not investment advice.

Circle Announces USDC Officially Supports Ripple XRP Ledger, Driving Innovation in Stablecoin Cross-Border Payments

Circle Announces USDC Officially Supports Ripple XRP Ledger, Driving Innovation in Stablecoin Cross-Border Payments