XRPL Unveils Five Fiat-Backed Stablecoins at Apex 2025

At Apex 2025, the XRP Ledger (XRPL) made significant strides in institutional blockchain adoption, unveiling a suite of new financial tools and assets. RippleX announced the launch of five fiat-backed stablecoins on the XRPL: USDC, RLUSD, EURØP, XSGD, and USDB. These stablecoins are designed to serve specific regional and regulatory purposes, providing secure onchain liquidity across Europe, Asia, and North America. This development marks XRPL’s evolution into a global settlement platform, enhancing its capabilities for cross-border transactions and financial services.

Ondo Finance introduced tokenized U.S. Treasuries (OUSG) on the XRPL, allowing users to mint and redeem these assets using RLUSD. This innovation provides 24/7 access to one of the most secure financial assets globally, further integrating traditional finance with blockchain technology. Additionally, Guggenheim Treasury Services, in partnership with Zeconomy, launched the first digital commercial paper (DCP) on XRPL. Backed by U.S. Treasuries and rated Prime-1 by Moody’s, this DCP adds to the growing real-world asset (RWA) offerings on the XRPL, demonstrating the platform’s versatility and security.

Ripple also announced a strategic partnership with Japan’s Web3 Salon, funded by JETRO and Ripple’s Japan & Korea Fund. This initiative offers grants up to $200,000 to local blockchain startups, aiming to boost regional Web3 innovation through ecosystem support and mentorship. The collaboration underscores Ripple’s commitment to fostering blockchain development and adoption in the region.

At the close of Apex 2025, Ripple CTO David Schwartz and Mayukha Vadari presented the future roadmap for XRPL programmability. They highlighted upcoming features such as Multi-Purpose Tokens (MPTs), a permissioned decentralized exchange (DEX), and onchain credentials for KYC compliance. These tools are designed to support complex real-world assets and build compliant markets for institutions. Features like Permissioned Domains and Credentials will allow regulated participants to interact securely on the public ledger, enhancing the platform’s appeal to institutional users.

Running alongside Apex, the UBRI Connect event gathered over 160 academic participants from various institutions. Hosted at the National University of Singapore, the event included panels on tokenization, blockchain security, and post-quantum systems. The 36-hour XRPL hackathon drew 250 developers, with nine out of ten finalists being student-led and nearly half of all winners coming from UBRI-affiliated universities. Ripple concluded UBRI Connect with its annual awards and a community dinner before rejoining Apex sessions, highlighting the platform’s commitment to academic innovation and developer engagement.

In conclusion, RippleX’s Apex 2025 showcased the convergence of blockchain infrastructure and institutional finance on the XRPL. With enterprise-focused features and global developer engagement, the XRPL is being built for the next phase of onchain finance, positioning itself as a leading platform for tokenized finance and the onchain economy.