Breaking: USDC Goes Live on XRP Ledger Through Uphold—Supercharging Global Crypto Transfers
XRP Ledger just got a major liquidity upgrade. Uphold’s integration of USDC taps into the network’s speed and low costs—while Wall Street still debates stablecoin regulation.
Why it matters: Near-instant cross-border payments just got simpler. No more waiting for traditional SWIFT transfers or swallowing absurd FX fees.
The fine print: This isn’t just another listing. XRP Ledger’s decentralized exchange (DEX) now has direct access to deep stablecoin liquidity—bypassing the usual CEX bottlenecks.
Cynic’s corner: Banks will spin this as ‘innovation’ after spending a decade fighting crypto tooth and nail. Funny how they love stablecoins now that they can’t kill them.
Bottom line: Another brick in the crypto-fiat bridge. Watch for more institutions to quietly adopt this pipeline—while publicly pretending to ‘evaluate blockchain.’
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,” CoinCentral analysts said.
Uphold has integrated USDC directly into the XRP Ledger, launching the first native USDC wallet on XRPL to enable fast, low-cost, and energy-efficient stablecoin transfers. Source: Fabio Zuccara via X
For fintech developers and startups, the combination of USDC and XRPL is a fertile ground for innovation in remittances, payroll, and decentralized finance. Entrepreneurs can now build apps and services on top of a reliable stablecoin on a scalable, enterprise-grade blockchain.
Regulatory Tailwinds Add Legitimacy
This integration is happening at a time of increasing regulatory clarity in the United States. On June 18, lawmakers introduced the Genius Act, a bill that WOULD create a federal framework for stablecoins. It outlines licensing, reserve requirements, and disclosures—factors that could encourage mainstream institutions to embrace stablecoins like USDC.
The timing of USDC’s launch on the XRP Ledger aligns with this regulatory momentum. “The legislation positions USDC and XRPL as part of a compliant digital financial system,” said industry analyst Nellius Irene. This could significantly boost confidence among institutions, regulators, and investors alike.
The legal progress also builds on the recent XRP lawsuit update, where Ripple secured key victories against the SEC Ripple case. These wins have eased long-standing legal uncertainty surrounding the project, reinforcing its credibility and driving renewed adoption of Ripple crypto solutions.
XRP Ledger’s Built-In Deflationary Mechanism
Meanwhile, the XRP Ledger itself has reached a notable deflationary milestone, with over 13.8 million XRP burned through transaction fees. While this amount is a fraction of the total supply—capped at 100 billion—it underscores the ledger’s unique approach to sustainability and value retention.
XRP was trading at around $2.17, up 0.8% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
Each on the XRPL incurs a minuscule fee that is destroyed, gradually reducing the amount in circulation. This hard-coded mechanism within the ledger may work to appreciate long-term XRP value by working against inflationary pressures common in traditional money systems.
As more stablecoins and tokenized assets become part of the adoption of XRPL, transaction volume—and hence XRP burning—may increase, helping in turn to produce the token’s deflationary effect.
A New Era for Global Crypto Payments
With Uphold’s inclusion of USDC on XRPL, Ripple exchange network will be of immense advantage in usage and activity. Uphold has even introduced a promotion scheme featuring $10,000 worth of weekly XRP rewards for users who exchange USDC and predict xrp price action, creating an additional layer of activity on the platform.
This partnership not only strengthens the function of cross-border payments but also bridges the gap between decentralized and conventional finance. Businesses and individuals can now employ a regulated, stable digital currency on one of the most reliable blockchain platforms available.
As one of the Uphold representatives described it, “This is about unlocking real-world payment solutions—instant, affordable, and borderless.”
Final Thoughts: USDC and XRP Form a Powerful Duo
This consolidation is a strategic step in the right direction for the Ripple XRP news cycle. With stablecoins like USDC gaining traction and Ripple navigating beyond regulatory hurdles, the XRPL’s potential to function as a hub for compliant, scalable finance comes more sharply into focus.
Whether for institutions, traders, or developers, the combination of USDC’s stability and the speed of the XRP Ledger offers a strong advantage in today’s digital economy. This integration supports the long-term vision for global adoption of Ripple currency solutions and enhanced cross-border payment infrastructure.
