Ripple shared insights on June 12 regarding the expansion of fiat-backed stablecoins on the XRP Ledger (XRPL), signaling the protocol’s growing relevance in global digital finance. With its compliance-first architecture and native asset XRP, XRPL is attracting stablecoin issuers seeking scalable infrastructure for real-world utility.

The crypto firm noted that these developments highlight XRPL’s maturity as a platform for tokenized financial products and cross-border settlement solutions, with XRP facilitating efficient asset bridging and decentralized trading. Ripple stated:

A wave of new fiat-backed stablecoins are now live on the XRP Ledger including USDC, XSGD, EURØP, RLUSD, and USDB, accelerating institutional adoption and expanding the utility of XRP, which continues to serve as the native asset for liquidity and transaction fees across the XRPL.

USDC, issued by Circle, provides a fully reserved dollar-pegged option for enterprise payments and decentralized finance (DeFi). RLUSD, Ripple’s institutional-grade stablecoin, recorded $500 million in Q2 volume and is backed by cash and equivalent reserves. XSGD, supported by Straitsx and tied to the Singapore dollar, enables regional transactions under Singapore’s regulatory framework. Europe’s EURØP, launched by Schuman Financial, offers euro-denominated digital payments to reduce dependency on USD-based stablecoins. USDB, from Braza Group, is backed by U.S. and Brazilian bonds and targets high-performance FX and remittance activity.

Ripple emphasized XRP’s fundamental role within this ecosystem:

The XRPL’s native digital asset XRP retains a pivotal role, supporting stablecoin use cases by enabling efficient liquidity between assets, powering fast settlement, and serving as a bridge in cross-currency transactions—particularly across the XRPL’s built-in DEX.

The XRPL also includes features such as Permissioned Domains and Multi-Purpose Tokens, bolstering its ability to support regulated asset issuance and multi-currency applications. This combination of stablecoins, compliance tools, and native liquidity positions XRPL as a key infrastructure layer for blockchain-based finance.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。