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USDC Now Live on XRP Ledger – More Chains, More Use Cases

  • Circle expands USDC support to XRP Ledger, making it available on 22 blockchains for varied use cases like international payments, DeFi, custody solutions, and on/off-ramp infrastructure.
  • USDC integration on XRP Ledger is direct through Circle Mint and API interfaces, without using cross-chain bridges, enabling easy adoption for developers and institutions.
  • XRP Ledger, established in 2012, processes over 3.3 billion transactions, and USDC's integration further enhances the XRPL ecosystem for B2B payments, custody services, DeFi, and on/offramp integration.
  • Circle's CEO, Jeremy Allaire, emphasizes the significance of USDC's integration with XRP Ledger as an expansion of stablecoin networks into various ecosystems.
  • USDC is now available on 22 blockchains, with an aim to compete with Tether's USDT through infrastructure integrations and regulatory compliance efforts in the evolving Web3 landscape.

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