Uphold integrates USDC on the XRP Ledger: A breakthrough in the cryptocurrency ecosystem
Uphold just announced the integration of USD Coin (USDC) on the XRP Ledger (XRPL) platform. This is an important step in expanding the digital financial ecosystem. Users can send and receive USDC directly from the XRP Ledger wallet, connecting a stable stablecoin with the fastest and most efficient blockchain network available today.
The new standard in the cryptocurrency market
Circle's USDC, fully backed by USD reserves, has become the popular stablecoin for payments, trading, and DeFi. Operating on XRPL enhances speed and scalability to serve the global community. This once again solidifies Uphold's position in the multi-asset space, facilitating money transfer, personal or business finance more conveniently than ever.
Tools for programmers and businesses
The integration of USDC is not only for individual users but also opens up opportunities for developers and entrepreneurs to develop applications or services that accept USDC on XRPL. The blockchain has become a platform for building diverse, accessible, and secure financial tools.
The new policy strengthens confidence in USDC and stablecoins
In the context of increasingly tightening regulations in the United States, the Genius Act – recently introduced on June 18 – aims to build a federal legal framework for fiat-backed stablecoins like USDC. This legislation clearly outlines licensing, disclosure, and reserves, helping businesses like Circle become more reputable in the eyes of the public and regulators.
This will drive the maturity of the stablecoin market, helping them gradually become an indispensable part of the global financial infrastructure, serving payments, fintech, payroll, and fund management. At the same time, it also paves the way for XRPL to become a more preferred network in the regulated digital asset space.
XRP Ledger reaches an important milestone in deflation
Meanwhile, the XRP Ledger is about to witness a significant deflation milestone with over 13.8 million XRP burned as of June 2025. This process has been integrated from the outset in the XRPL protocol. Each transaction comes with a small fee, not paid to miners or validators but burned, helping to reduce the circulating supply of XRP, thereby increasing the value and durability of the Token.
In the long term, the remaining amount of XRP will gradually decrease, creating an ideal environment for the development of stablecoins like USDC and asset tokenization on this platform. XRPL is not only fast, cost-effective, but also environmentally friendly, suitable for issuing highly accurate stablecoins and other digital assets.
Outstanding potential for developers
Now, with USDC available on XRPL through Uphold, the market has a stable digital USD with an unlimited network in terms of speed, efficiency, and value. Developers can boldly deploy payment applications, remittance tools, or DeFi protocols, combining the stability of stablecoins with the speed of blockchain.
Source: https://tintucbitcoin.com/usdc-hoat-dong-tren-so-xrp-qua-uphold/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated on the latest news about the cryptocurrency market and not miss any important information!
