USDC Launches on XRP Ledger for Enhanced Transactions

TLDR

• USDC launched on XRPL on June 12, 2025.
• Integration boosts XRPL’s DeFi protocols and trading volumes.
• Circle and Ripple collaborated for this stablecoin integration.

The USDC, a major stablecoin by market cap, is now available on the XRP Ledger (XRPL). This development was driven by Circle, Ripple, and XRPL Foundation.

This move allows for seamless, non-bridged transactions involving USDC on XRPL. Developers, institutions, and exchanges can now utilize USDC for faster transactions and DeFi applications.

Key Players and Their Roles in the Integration

Circle, the issuer of USDC, announced its availability on XRPL on June 12, 2025. Ripple, a core developer of XRPL, plus the XRPL Foundation, helped facilitate this integration.

Jeremy Allaire, CEO of Circle, shared on X: “USDC is now live on the XRP Ledger.” Ripple SVP Markus Infanger emphasized the role of stablecoins in bridging traditional and crypto markets. Sources confirm ongoing efforts for regulated stablecoin products like RLUSD.

“If approved, we would have both state (via NYDFS) and federal oversight.”

Brad Garlinghouse, CEO, Ripple

Historical Context and Current Developments

Circle is known for its fiat-backed stablecoin, USDC, offered on multiple blockchains including Ethereum and Solana. Ripple has been integral in blockchain payment solutions since 2012.

Past USDC launches on different chains increased network activity and asset liquidity. XRPL, with its bridging capabilities through XRP, might experience similar growth.

Resource Allocation and Potential Impacts on Markets

No exact funding figures are disclosed, but resources are directed toward facilitating this transition. XRPL’s ecosystem plans include possible developer grants and liquidity incentives.

The launch is expected to boost XRPL’s DeFi protocols, with anticipated increases in TVL and trading volumes. On-chain tracking will offer more precise data as integration progresses.

Related Cryptocurrencies and Competitive Landscape

USDC, XRP, and RLUSD are directly impacted by the launch. Other assets like Ethereum and Solana may experience liquidity shifts as XRPL attracts USDC users.

XRPL’s development could see indirect effects on related networks like Stellar and other Layer 1/Layer 2 solutions currently supporting USDC.

Community and Developer Reactions

Ripple and XRPL Foundation are actively engaging their developer communities post-launch. GitHub and forum activities suggest a positive outlook toward XRPL’s enhanced capabilities.

Discussions on social media and developer platforms indicate anticipation for increased DeFi activities. As XRPL expands its utility, further developments are eagerly awaited.