Circle Launches USDC Stablecoin on XRP Ledger Amidst Regulatory Push

Circle’s USDC stablecoin is now available on the XRP Ledger (XRPL), a move signifying significant progress for users of this blockchain platform. This launch introduces an auto-bridging feature, enabling seamless transfers of stablecoins between decentralized exchanges (DEXs) utilizing XRP as a bridge currency. Markus Infanger, senior vice president at RippleX, underscores the value of stablecoins in bridging traditional financial markets to crypto. His focus lies on real-world utility rather than speculation.