#XRP News: Braza Group To Launch USDB Dollar-Backed Stablecoin On XRP Ledger

In the latest XRP news, Braza launches USDB, a USD-backed stablecoin on the XRP Ledger, enabling fast, low-cost global payments.

Highlights

Braza launches USDB, a USD-backed stablecoin on XRPL, backed by U.S. and Brazilian bonds.

USDB and BBRL on XRP Ledger enable fast, low-cost cross-border payments across Latin America.

USDB’s launch coincides with U.S. stablecoin regulation progress under the GENIUS Act.

In a recent XRP news update, Brazil-based financial services company Braza Group has launched a new USD-backed stablecoin, USDB, on the XRP Ledger (XRPL). The announcement was made on May 22, as part of Braza’s broader effort to expand digital asset solutions across Latin America and beyond.