Uphold has announced the integration of USD Coin (USDC) on the XRP Ledger, enabling users to conduct direct USDC transactions on one of the fastest and most energy-efficient blockchain networks.
Integration of USDC on XRP Ledger
This integration allows users to send and receive USDC within XRPL wallets, facilitating remittances and cross-border payment processes. Uphold stated that this integration unlocks 'a high-speed and low-cost ecosystem for stable digital payments.'
Regulatory Clarity and New Legislation
The launch of USDC coincides with significant shifts in U.S. regulatory policy. On June 18, 2025, the U.S. Senate passed the GENIUS Act, establishing a comprehensive framework for stablecoins like USDC. This legislation addresses aspects such as licensing, transparency, and reserve requirements, which could further legitimize stablecoins in mainstream finance.
Potential for Developers and DeFi Solutions
The availability of USDC on the XRP Ledger opens up opportunities for developers to build decentralized finance (DeFi) applications, remittance tools, and payment solutions using a stable, fast, and environmentally friendly blockchain. This integration could catalyze more real-world blockchain applications.
Uphold’s integration of USDC with the XRP Ledger represents a significant step forward in regulated digital finance, combining regulatory readiness, stable value, and fast settlement.
