As questions mount over the US dollar’s long-term strength, Circle’s USDC has launched on the XRP Ledger (XRPL)—a strategic move for cross-border liquidity.
The integration allows XRP-mediated stablecoin transfers between DEXs, streamlining trades.
“Stablecoins are the backbone of crypto’s bridge to traditional finance,” said RippleX’s Markus Infanger.
The timing is notable: US regulators are drafting stablecoin rules for the $237 billion sector, where issuers collateralize tokens with Treasuries. Some policymakers see these tokens as a bulwark against de-dollarization, as foreign holders retreat from US debt.