How are USDC and XRP linked?
1. Interoperability in exchanges
• On platforms like Binance, Coinbase, or KuCoin you can directly exchange USDC ↔ XRP.
• This facilitates the conversion of stablecoins to a payment asset like XRP.
2. Liquidity in cross-chain networks
• In some DeFi projects or solutions like XRPL (XRP Ledger), there is work being done to support stable tokens like USDC on XRP or in compatible bridges.
3. Complement in international payments
• Companies can use USDC for stability and then XRP for speed and liquidity, in the same remittance or payment operation between countries.
4. Both are part of the global crypto payment system
• While XRP reduces the cost of international transfers, USDC offers value stability.
• They can coexist as part of a hybrid payment strategy.