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The XRP Ledger network will receive USDC days after Circle went public.
- USDC now operates on the XRP Ledger's Tier 1 blockchain.
Circle Mint and API provide #USDC issuance and redemption on XRPL.
integration expands Ripple's international transaction and stablecoin capabilities.
#XRP is trading at $ 2.24; Circle shares are up 200% since its IPO.
Catenaa, Sunday, June 22, 2025 - XRP #Ledger has integrated USD Coin (USDC) into its Tier 1 #blockchain network, just a week after Circle's public debut on Wall Street, signaling a significant leap in the institutional use and cross-border utility of stablecoins.
On Thursday, Circle announced that its Circle Mint institutional platform and developer-friendly API now support USDC issuance and redemption on the mainstream XRPL network.
This action increases liquidity and expands the real-world financial infrastructure for the Ripple blockchain ecosystem.
integration allows XRPL to continue competing in the rapidly growing stablecoin segment, which is currently led by Tether's USDT.
The USDC now accounts for 25% of the $ 240 billion steblicoin market. XRP Ledger, traditionally used for fast cross-border payments, joins a growing list of blockchain networks that support the USDC.
This development comes amid XRPL's plans to launch an Ethereum Virtual Machine-compatible sidechain later in the second quarter of 2025, expanding the possibilities of smart contracts.
XRP, XRPL's native asset, was trading at $ 2.24 at noon on Thursday, down 3.4 percent in 24 hours, with a trading volume of $ 2.2 billion overnight. It remains the fourth-largest cryptocurrency with a market capitalization of $ 131.8 billion, according to The Block.
