In the grand theater of finance, where fortunes are made and lost with the flick of a digital pen, Circle, that audacious purveyor of the USDC stablecoin, has taken a bold step. With the flourish of a newly minted public company, it has announced that its stablecoin has now graced the hallowed grounds of Ripple’s XRP Ledger. One can almost hear the trumpets blaring in celebration! 🎺
According to the proclamation, this self-proclaimed titan of “regulated” stablecoins is now available to developers, institutions, and users alike, all without the cumbersome need for a bridge. Ah, the marvels of modern technology! One can only wonder if the bridge was too busy sipping piña coladas on a tropical island. 🍹
USDC is now live on the XRP Ledger (@RippleXDev)! 🎉
With the launch of native @USDC on the XRPL, developers, institutions, and users gain the support of the world’s largest regulated stablecoin. Who knew stability could be so glamorous?
Enterprise B2B payments: Use USDC for global money movement and improve capital… because who doesn’t want to improve their capital? 💸
— Circle (@circle) June 12, 2025
This announcement, like a well-timed plot twist, comes just a month after whispers of Ripple’s intentions to acquire Circle for a staggering $5 billion. Alas, the ever-dramatic CEO of Ripple, Brad Garlinghouse, has since refuted these rumors, leaving us all to ponder the mysteries of corporate intrigue. Perhaps he was just having a bad hair day? 🤔
With USDC’s debut on Ripple’s layer-1 network, it is now poised to facilitate global money movement, find its way into financial infrastructure applications, and provide liquidity in the ever-evolving realm of DeFi. Truly, a renaissance for the stablecoin! 🏦
With this addition, the total number of blockchains on which USDC is available has now reached a staggering 22. One can only imagine the stablecoin’s social calendar is quite full! 📅
Let us not forget the arduous journey that led Circle to its public debut, a saga filled with planning and delays. After raising a whopping $1.1 billion in its IPO, the company’s stock price soared, closing at over $115 on Wednesday. A fairy tale ending, or just the beginning of a new chapter? Only time will tell! 📈
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2025-06-12 16:52