Key Insights:
- USDC is the first stablecoin to be natively supported on the XRP Ledger.
- This integration enables faster, more efficient cross-border payments and remittances.
- Stablecoin market cap hits $228B, signaling continued growth in digital finance.
Circle has launched USDC on the XRP Ledger, marking its first native stablecoin deployment on the network. The move, announced in June 2025, expands USDC’s presence to 22 blockchains and aims to accelerate global payments and DeFi adoption across the XRP ecosystem.
USDC’s Integration on the XRP Ledger
The launch of USDC on the XRP Ledger is a notable milestone for the cryptocurrency ecosystem. Developers and institutions may now access USDC liquidity and use the fast and secure XRPL network with Circle Mint and Circle APIs now fully supporting USDC on the XRPL.
The XRP Ledger is a decentralized Layer-1 blockchain that has been characterized as efficient for tokenizing and exchanging value, digital or real-world assets. Since its launch in 2012, XRPL now has more than 3.3 billion transactions and is utilized as the enterprise B2B payments system, DeFi liquidity provisioning, and financial infrastructure application platform. With the launch of USDC on the XRPL network, it receives an enormous boost in global payments, remittances, and decentralized finance (DeFi).
A New Frontier for Global Payments and DeFi
The USDC becomes the first stablecoin with native XRP Ledger support, allowing enterprises and market makers to have more choices when it comes to simplifying payments and liquidity. The integration will allow making real-time cross-border payments and remittances more efficient and provide companies with a potent tool to support transactions on a global scale.
When integrated, this can help increase capital efficiency through lowering of fees as well as accelerating settlements of businesses and consumers.
In addition, market makers and liquidity providers may use USDC to provide DeFi liquidity provisioning, which is useful to bootstrap liquidity in token pairs and foreign exchange flows.
Financial infrastructure apps, such as custodians, wallets, and fintech platforms, will benefit from USDC on the XRPL. This allows these applications to offer quicker, more transparent settlement options, enhancing the overall efficiency of the crypto financial system.
Stablecoins and Market Cap Growth
This has been the case with the stablecoin market, which has reached a new all-time high of $228 billion in market capitalization by June 2025, up $33 billion (17%) year-to-date. The emergence of stablecoins, such as USDC, is strongly associated with the growing need for safe, liquid assets with less price volatility compared to traditional cryptocurrencies. Consequently, stablecoins are getting more embedded in crypto, and their utilisation is not limited to payments and trading.
The expansion of the role of USDC is presented by the market cap growth. It is the largest regulated stablecoin in the world and has kept achieving progress towards providing a stable solution to payments, DeFi, and global finance. The compatibility with the XRPL also establishes the USDC as a participant in the increasingly important digital assets market.
The Growing Role of Stablecoins in the Crypto Market
With the market capitalization of stablecoins constantly growing, their significance within the wider crypto sphere becomes more and more apparent. USDC and other stablecoins are crucial for maintaining liquidity, enhancing efficiency, and providing a stable store of value. During market volatility, stablecoins serve as a hedge against the risks posed by more speculative digital assets like Bitcoin and Ethereum.
As USDC becomes available on 22 blockchains, with the XRP Ledger being one of them, it is apparent that stablecoins are attaining the status of a pillar of not only traditional finance but also the digital economy that is taking shape. Their combination with cross-border payment systems, decentralized finance (DeFi) applications, and institutional applications is making digital transactions more efficient and adding to the rising trend of decentralizing the global financial system.
Shopify CEO Tobi Lütke recently shared the company’s decision to enable USDC payments via Shopify Payments and Shop Pay. Early access begins today, with a full rollout expected later this year.
Lütke explained: “We think that stablecoins are a natural way to transact on the Internet and we worked with Coinbase to develop the commerce payment protocol smart contract that powers this work.”
As the stablecoin market expands, integrations like USDC on XRPL signal a shift in global digital finance infrastructure—toward efficiency, transparency, and decentralization.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
The post USDC Now Live on the XRP Ledger, Enhancing Global Payments appeared first on The Market Periodical.
