$USDC Stablecoin Expands to XRP Ledger Network
Circle's
$USDC has launched on XRP Ledger, bringing the $61 billion stablecoin to the network.
The integration enables investors to use
$XRP as a bridge currency between DEXs.
The auto-bridging feature allows seamless stablecoin transfers across decentralized exchanges.
The launch supports comprehensive #StablecoinRegulation efforts in the United States.
Total stablecoin market capitalization has swelled to over $237 billion globally.
Overcollateralized stablecoin issuers purchase U.S. Treasury bills to back their tokens.
U.S. lawmakers view stablecoins as protection against de-dollarization by foreign countries.
Treasury Secretary Scott Bessent prioritizes stablecoin development to protect dollar hegemony.
