Global digital finance platform Uphold has made an official announcement that it has onboarded USDC (USD Coin) into the XRP Ledger (XRPL) as a strategic step towards enabling its global users to carry out cross-border cryptocurrency transactions more conveniently.
Uphold tweeted in a recent statement that deposits and withdrawals of USDC to and from its user account and an external XRPL address are now available and give the user more flexibility and quicker settlement times. The advancement is set to fortify the increasing utility of XRP Ledger, which is broadly noted to be fast, dissimilar in transaction cost, and scalable.
XRP Ledger (XRPL), a financial incentive created by Ripple, promises to interlink financial institutions, payment providers and individuals to provide a decentralized framework that can be useful in effective global payments. Uphold is facilitating the integration of the traditional finance system with blockchain-based payment systems by launching USDC, one of the most ubiquitous and least questioned stablecoins on XRPL.
The combination of both offers access of Uphold clients to the robust XRPL network where they can send, receive and store XRPL without limits easily as it also provides low-cost and nearly real-time transactions. It also coincides with the overall mission of Uphold that is to provide simple access to any digital asset across many different blockchains.
This change comes as a chance for entrepreneurs, traders, and developers working with crypto, allowing them to utilize the advantages of both controlled stablecoin and a proven ledger technology to implement it in the real world.
The launch comes at a time of great regulatory change around stablecoins in the USA, as the Genius Act has just been passed on June 18,2025. It promises to establish a comprehensive federal framework for fiat dollar backed stablecoin. The Genius Act is opening gates of institutional adoption for Circle, which also recently had a successful IPO launch.