Uphold has announced the integration of USD Coin (USDC) into the XRP Ledger, allowing users to send and receive USDC via wallets connected to this blockchain network.
Integration of USDC into XRP Ledger
For the first time, a USDC wallet has been integrated into the XRP Ledger ecosystem, significantly expanding users' opportunities. Now, anyone can conveniently send and receive USDC using XRP Ledger wallets. This union of one of the leading stablecoins with one of the fastest and most efficient blockchain systems highlights the growing importance of digital assets in the financial sector.
New Regulations Strengthen Trust in USDC and Stablecoins
The integration comes amidst changes in the regulatory environment in the USA. On June 18, the Genius Act was introduced, aimed at establishing federal frameworks for regulating stablecoins like USDC. This act includes new licensing, disclosure, and reserve requirement parameters. It is expected to enhance trust in legitimate companies like Circle, increasing their legitimacy in the eyes of the public.
XRP Ledger Hits Key Deflationary Milestone
Meanwhile, the XRP Ledger is approaching a significant epoch of mass deflation. As of June 2025, over 13.8 million XRP have been burned. This burn process has been hard-coded into the XRPL protocol from the beginning and takes XRP out of circulation each time a transaction occurs. This creates supply scarcity and can contribute to the value growth of XRP, as well as the overall resilience of the network.
The integration of USDC into the XRP Ledger enhances the digital finance ecosystem, taking into consideration both legislative changes and significant blockchain achievements. Such steps may promote wider adoption and the use of stablecoins as a reliable foundation for future financial tools.
