The Brazilian financial company Braza Group announced the launch of the stable token USDB, pegged to the US dollar, which is integrated with Ripple's XRP Ledger (XRPL). This token, as noted by Braza, is primarily intended to optimize cross-border payments.
Similar integrations have recently occurred in Singapore and the European Union market. Within one week, companies from three different continents chose XRPL for their new financial instruments, which is a compelling sign of confidence in this platform.
Companies are choosing XRPL for launching stable tokens
Brazil has recently made significant strides toward the adoption of cryptocurrencies, having launched the world's first exchange-traded fund (ETF) linked to XRP last month. Ripple, for its part, is actively developing partnerships to expand cross-border payments with Brazil, and today's development is a logical continuation of this strategy.
According to Ripple's report, the new stable token USDB from Braza Group is another step in the development of XRPL. Braza Group, a financial technology company specializing in cross-border money transfers, aims to transform the stable token market in Brazil using XRPL. Earlier in 2025, the company already launched the stable token BBRL, pegged to the Brazilian real, which also operates on XRPL. Braza Group CEO Marcelo Sacomori emphasized that regulatory advancements have been a key factor enabling these new initiatives aimed at reforming the financial space.
Ripple's own stable token on XRPL, RLUSD, has recently generated significant interest in the stable token market; its trading volume has increased by more than 60% in just the last month.
Ripple has also used stable tokens for public charitable donations and acquired a brokerage platform to enhance the utility of RLUSD. The company has been relentlessly issuing new tokens, and the market capitalization of RLUSD has nearly tripled in the last three months. Other New Stable Token Offerings
Brazil is not the only market where new stable tokens are available on XRPL. Earlier this week, StraitsX launched its own stable token, XSGD, which also utilizes the Ripple Ledger.
Unlike USDB, this new asset is pegged to the Singapore dollar, intended for the market of that country. It is backed by reserves held in DBS Bank and Standard Chartered, and is available on several blockchain platforms.
In the StraitsX announcement, cross-border payments are not prioritized as the utility of XSGD, mentioned alongside several other features such as access to DeFi and overall utility.
The company has repeatedly praised XRPL for its speed, security, scalability, and more. Both products share several similarities but do not occupy the same niche. Schuman Financial, a Swiss financial company, announced today another stable token on XRPL. EURØP, the company's own offering, is intended for the EU market and already complies with MiCA regulations.
It is backed by euros, and Schuman's statements reflect many other companies' goals regarding integration with DeFi and ease of use.
The launch of such a number of stable tokens on XRPL in less than a week is truly impressive. The Ripple Ledger has a global impact, as completely unrelated companies across three separate continents utilize it as a medium for their latest financial instruments.
Between these launches and the rapid growth of RLUSD, Ripple's position in the stable token market is gaining momentum.#BinanceSquare #Write2Earn #Squar2earn #Binance #crypto $XRP