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XRP Ledger Expands Global Reach: 3 New Stablecoins Launch This Week

XRP Ledger Expands Global Reach: 3 New Stablecoins Launch This Week

Author:
Beincrypto
Published:
2025-05-22 18:07:39
15
2

The XRP Ledger (XRPL) is set to broaden its cross-border payment capabilities with the introduction of three new international stablecoins. This strategic move positions XRPL as a growing hub for frictionless value transfer—just as traditional finance scrambles to keep up with blockchain’s borderless efficiency.

Details remain scarce, but insiders suggest these regulated digital assets will target key currency corridors in emerging markets. The timing couldn’t be better: while legacy banks debate ’digital transformation’ over three-martini lunches, decentralized networks keep shipping real solutions.

Firms Turn to XRPL for Stablecoin Launches

Brazil has made several new strides in crypto adoption recently, offering the world’s first XRP ETF last month. Ripple, too, has specifically conducted partnerships to expand cross-border payments with Brazil, and today’s development builds on that.

According to Ripple’s announcement, Braza Group’s new USDB stablecoin represents the next step with XRPL.

🇧🇷Braza Group’s new USD-backed stablecoin, USDB, is launching on the XRP Ledger, giving individuals and institutions a seamless and secure way to MOVE value across borders. https://t.co/YAj6NBXPYy

With both $USDB and $BBRL on the XRPL, Braza is creating a scalable bridge…

— RippleX (@RippleXDev) May 22, 2025

Braza Group, a fintech company focused on cross-border money transfers, hopes to use XRPL to revolutionize Braza’s stablecoin market. It launched another stablecoin, BBRL, earlier in 2025.

BBRL is backed by the Brazilian Real and hosted on XRPL. CEO Marcelo Sacomori credits regulatory advances for enabling these new offerings, hoping to revolutionize the financial ecosystem.

Ripple’s own XRPL stablecoin, RLUSD, has been making waves in the stablecoin market recently; its trading volume increased by over 60% in the last month alone.

Ripple has also used the stablecoin for publicized charitable donations and bought out a brokerage platform to boost RLUSD’s utility. The firm has been minting new tokens relentlessly, with RLUSD’s market cap nearly tripling in the last three months.

RLUSD Stablecoin

Ripple RLUSD Stablecoin Market Cap Over 3 Months. Source: CoinGecko

Other New Stablecoin Offerings

Brazil isn’t the only market where new XRPL stablecoins are available. Earlier this week, StraitsX launched its own stablecoin, XSGD, which also uses Ripple’s Ledger.

Unlike USDB, this new asset is pegged to the Singaporean dollar, intended for that country’s market. It is backed by reserves held with DBS Bank and Standard Chartered, and available on multiple blockchain platforms.

StraitsX’s announcement doesn’t prioritize cross-border payments as XSGD’s utility, mentioning it alongside several other features like DeFi access and overall utility.

The company repeatedly praised XRPL for its speed, security, scalability, and more. The two products share a few similarities but do not occupy the same niche.

🚀XSGD is now live on the XRP Ledger!

StraitsX brings its regulated Singapore Dollar stablecoin to the XRP Ledger, enabling fast, low-cost transactions across one of the world’s most efficient LAYER 1 blockchains.

You can now deposit, withdraw, and hold $XSGD (XRPL) directly… pic.twitter.com/GDx9rPtqrc

— StraitsX (@StraitsX) May 21, 2025

Schuman Financial, a Swiss finance company, announced yet another XRPL stablecoin today. EURØP, its own offering, is intended for the EU market and is already compliant with MiCA regulations.

It’s backed by the Euro, and Schuman’s statements echoed many of the other firms’ goals for DeFi integration and ease of use.

The launch of so many XRPL stablecoins in less than a week is truly remarkable. Ripple’s Ledger has a global influence, with totally unrelated firms on three separate continents using it as the vehicle for their newest financial instruments.

Between these launches and RLUSD’s rapid growth, Ripple’s position in the stablecoin market is on the rise.

|Square

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