XRP News Today: USDC Lands on XRP Ledger via Uphold for Seamless Global Transfers
The post XRP News Today: USDC Lands on XRP Ledger via Uphold for Seamless Global Transfers appeared on BitcoinEthereumNews.com.
In a major boost for blockchain-powered payments, global digital finance platform Uphold has officially integrated USD Coin (USDC) into the XRP Ledger (XRPL). This development marks a pivotal moment for both the stablecoin and the XRPL ecosystem, paving the way for faster, low-cost global transactions while enhancing the utility of Ripple’s blockchain infrastructure. Uphold Unlocks USDC on XRP Ledger Uphold announced the integration of USDC on the Ripple ledger, enabling customers to natively send and receive the popular fiat-backed stablecoin through XRPL wallets. The integration connects one of the world’s most popular stablecoins with one of the fastest and most feature-rich blockchain networks available in the market today. USDC is now available on the XRP Ledger, enabling fast, low-cost cross-border transactions and seamless transfers between Uphold and external XRPL wallets. Source: Uphold via X “USDC deposits and withdrawals to and from Uphold accounts and external XRPL addresses are live,” the company recently tweeted on X. The integration allows users to transfer stable value across borders fast and cheaply, whether for remittances, business payments, or DeFi use cases. This strategic move is in line with Uphold’s mission to enable frictionless access to digital assets across different blockchains. It also supports the Ripple market by expanding its real-world uses in cross-border finance. Why It Matters: Speed, Scalability, and Stability The XRP Ledger, initially developed by Ripple, is renowned for its extremely fast settlement times, minimal transaction costs, and energy efficiency. All of these render it a perfect platform for stablecoin activity, particularly in payment use cases involving high volume or enterprise-level. By introducing USDC—a U.S. dollar-backed stablecoin that’s fully issued by Circle—Uphold is expanding XRPL’s potential as a platform for mainstream financial activity. “USDC on XRPL combines the stability of a regulated digital dollar with the near-instant speed of a decentralized ledger,”…
Filed under: News - @ June 20, 2025 5:25 pm