XRP News Today: Circle Launches USDC on XRP Ledger for Faster Transactions

Coin WorldFriday, Jun 13, 2025 1:26 pm ET
2min read

Circle has officially launched its USD Coin (USDC) stablecoin on the XRP Ledger (XRPL) mainnet. This move allows for native support for USDC without the need for third-party tools or bridges, enabling developers and users to access high-speed, secure transactions directly on XRPL using USDC. This expansion is part of Circle’s broader multi-chain strategy to increase USDC’s accessibility. After its launches on World Chain and Sonic, XRPL becomes the 22nd blockchain to support USDC. The integration enables seamless liquidity paths across blockchain ecosystems.

Circle selected the XRP Ledger due to its trusted infrastructure and quick settlement capabilities. The ledger supports fast and cost-effective transactions, making it ideal for USDC’s operations. The native launch eliminates cross-chain barriers and enables efficient app development. USDC is now live on the XRP Ledger, providing support for the world’s largest regulated stablecoin. This deployment allows projects to issue, transfer, and use USDC without relying on external chains, reducing both transaction risk and operational complexity. Businesses now gain better liquidity access within XRPL’s environment.

USDC’s integration marks a notable milestone for XRPL’s cross-chain capabilities. The network’s enhanced support for stablecoins strengthens its appeal to enterprises and developers. With this launch, Circle builds on its ongoing efforts to expand USDC utility. Ondo Finance has launched its tokenized US Treasury product, OUSG, on the XRP Ledger. The expansion follows previous deployments on Ethereum, Polygon, and Solana. This move gives institutional investors another route to access tokenized U.S. Treasuries. The integration enables direct subscriptions and redemptions using Ripple’s RLUSD stablecoin, increasing efficiency for institutional workflows operating on XRPL. It also supports XRPL’s growing focus on real-world asset tokenization. With a $692 million market value, OUSG is one of the largest tokenized Treasury funds available. Its launch on XRPL diversifies investor access and expands liquidity options. XRPL continues to attract institutions by adding regulated asset platforms.

Guggenheim Treasury Services has introduced its Digital Commercial Paper (DCP) platform on XRPL. This follows its Ethereum deployment and offers blockchain-based access to short-term debt instruments. The platform is backed by U.S. Treasury bonds and offers customized maturity options. To date, DCP has handled over $280 million in issuances. The shift to XRPL reflects growing interest in scalable and cost-efficient alternatives. XRPL’s low fees and finality make it suitable for enterprise-grade financial instruments. Ripple has pledged a $10 million investment into the DCP platform, underlining Ripple’s commitment to expanding XRPL’s financial infrastructure. It also signals confidence in XRPL’s potential for institutional-grade products.

Ripple CTO David Schwartz confirmed that XRPL will integrate an Ethereum Virtual Machine (EVM) sidechain in Q2 2025. The project is being built by Ripple and Peersyst using the evmOS stack. This sidechain is currently running on a testnet. The EVM-compatible chain will support Ethereum smart contracts while retaining XRPL’s speed and cost efficiency. It will connect to the XRPL mainnet through the Axelar bridge. Wrapped XRP will serve as the gas token on the EVM chain. The sidechain will unlock new use cases like DeFi and dApps within the XRPL ecosystem. This step broadens XRPL’s utility while enhancing interoperability. It demonstrates XRPL’s strategy to combine compliance, scalability, and smart contract flexibility.

With a market capitalization of $61 billion, USDC remains the second-largest stablecoin globally, just behind Tether’s $155 billion market cap. The launch of USDC on XRPL is a significant development for the stablecoin ecosystem, as it provides a new avenue for users and developers to interact with USDC in a more efficient and secure manner. The integration of OUSG and DCP on XRPL further enhances the network’s capabilities, making it a more attractive option for institutional investors and enterprises. The upcoming EVM sidechain will also bring new opportunities for developers to build decentralized applications and DeFi protocols on XRPL, further expanding its utility and appeal.

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