Circle Introduces Native USDC to the XRP Ledger, Simplifying Cross-Border Payments

What does this upgrade actually mean?

USDC is a stablecoin pegged to the US dollar 1:1, commonly used in scenarios such as cross-border payments and crypto trading. On June 12, 2025, USDC officially launched its native version on the XRP ledger (XRPL), which means:

1. No need for third-party cross-chain bridge tools
2. You can send and receive USDC directly through the XRPL network.
3. Native support for XRPL network, faster transactions, lower fees.

What are the advantages of USDC on XRPL?

• Low fees: Each transaction only requires 0.000012 XRP, which is almost zero cost.
• Instant Arrival: The confirmation time is usually between 3-5 seconds, much faster than networks like Ethereum.
• High stability: USDC is supported by Circle’s reserves, regularly audited, and has strong stability.
• Wallets are widely supported: such as Gate Wallet, XUMM Wallet, etc. have all supported XRPL USDC.

How can ordinary users obtain and use USDC?

1. Purchase USDC on the trading platform: for example, Gate, etc.
2. Recharge to the XRPL network: After purchase, generate an address in a wallet that supports XRPL, such as Gate Wallet or XUMM wallet, copy your XRP address, and select the “USDC (XRPL)” network to recharge.
3. View in Wallet: After the deposit, USDC will be displayed directly in your wallet asset list without any bridging operations.

Using USDC for Cross-Border Transfers: A Complete Process Guide

Step 1: Send USDC

1. Open your wallet and click the “Send” button.
2. Select the asset as “USDC”
3. Enter the other party’s XRPL address
4. Enter the amount and click confirm

Step 2: Receive and Use

The other party’s wallet will receive USDC in seconds, which can be used for:

• Convert to fiat currency on the exchange
• Use decentralized exchanges (such as Sologenic) for asset trading.
• Deposit into a DeFi platform to earn interest

What makes XRPL different from other blockchains?

Compared to Ethereum, XRPL has lower transaction fees. Ethereum’s transaction fees typically range from 1 to 5 USD, while the average fee for XRPL is less than 0.0001 USD. Although the Solana network has fast transaction speeds and low fees, there is still room for improvement in stability and ecosystem maturity. Polygon has moderate fees, but the network occasionally experiences congestion. XRPL achieves an ideal balance of high throughput and ultra-low costs through optimizations of its core protocol, making it the preferred choice for everyday transfers and cross-border payment scenarios.

Frequently Asked Questions and Risk Tips

Q1: What is the difference between USDC and RLUSD?
USDC is issued by Circle, with transparent reserves that are subject to audit; while RLUSD is a decentralized stablecoin launched on XRPL, which is currently still in the expansion phase.

Q2: Will there be a risk of losing coins?
As long as you use the official wallet (such as XUMM) and ensure the address is entered correctly, the transaction is safe. But remember not to enter the wrong address or select the wrong network.

Q3: Will it affect the price of XRP?
According to the current market performance, the launch of USDC has had a positive impact. The current price of XRP is $2.184, which is up 3.2% from last month, and the market generally has a positive outlook on its potential for development as infrastructure.

Q4: What new changes are expected in the future?
In the second half of 2025, XRPL is expected to launch an EVM-compatible sidechain, allowing Solidity smart contract developers to integrate USDC into multi-chain interoperable applications, further expanding usage scenarios.

Conclusion: Circle has natively launched USDC on XRPL, which not only opens up new DeFi space for developers but also brings a more convenient, efficient, and secure way for ordinary users to transfer assets. With continuous improvements in functionality and an increase in the number of users, XRPL is expected to become the next mainstream stablecoin network core node.