XRP Ledger Onboarded USDC One Week After Circle IPO, Boosting Liquidity

Circle’s recent IPO marked a significant moment in the stablecoin landscape. Just one week after going public as a publicly traded company, Circle launched support for USDC on the XRP Ledger (XRPL). This move strengthens USDC’s liquidity on the XRPL blockchain network. Circle Mint and the developer-focused Circle API now integrate USDC into their platform, according to a press release issued Thursday. The adoption of USDC follows recent developments in the XRPL ecosystem, including an impending Ethereum Virtual Machine (EVM) sidechain launch scheduled for 2025.