Circle has launched USDC on the XRP Ledger (XRPL), giving users direct access to the regulated stablecoin without bridging. Announced on June 12, the integration enables developers and institutions to leverage USDC for real-time payments, DeFi, and cross-border remittances using XRPL’s fast, low-cost infrastructure.
Circle’s platform—including Circle Mint and APIs—now fully supports USDC on XRPL, enhancing liquidity and enabling large-scale stablecoin management. The move follows Circle’s public listing and reinforces its expansion strategy while boosting XRPL’s appeal to fintechs and payment providers seeking secure, scalable stablecoin solutions.
USDC, with a market cap of $61 billion, trails behind Tether’s $155 billion dominance and is now supported on 22 blockchains, including XRP Ledger (XRPL), Ethereum, Solana, and others. Ripple has entered the stablecoin race with its token, RLUSD, currently valued at $413 million and available on XRPL and Ethereum.
Amid rumors of a $5 billion acquisition attempt by Ripple, Circle denied any talks, especially as it prepared for its IPO. Ripple CEO Brad Garlinghouse also refuted claims of a $20 billion offer. Circle has since gone public, with its IPO achieving notable early success.
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