Circle Launches USDC on XRPL: Expanding Stablecoin Reach and Developer Access

Circle has made a significant move in the world of stablecoins by launching its USD Coin (USDC) directly on the XRP Ledger (XRPL). This launch marks a crucial step as Circle seeks to leverage XRPL’s speed and security for wider adoption. 22nd blockchain integration of USDC, this expansion comes after Circle’s recent move to integrate it into the Worldcoin platform, headed by OpenAI CEO Sam Altman. With over $61 billion in market value, USDC is the world’s second-largest stablecoin, trailing only Tether’s USDT ($155 billion). This new integration will provide a streamlined experience for developers seeking to integrate stablecoins into their applications.