Company
Date Published
Author
Team Circle
Word count
472
Language
English
Hacker News points
None

Summary

Circle Internet Financial has announced the native availability of USDC, the largest regulated stablecoin, on the XRP Ledger (XRPL), allowing developers, institutions, and users to access it without the need for bridging. This integration is supported by Circle Mint and Circle APIs, facilitating access to USDC liquidity on XRPL's efficient and secure Layer-1 blockchain, which has processed over 3.3 billion transactions since 2012. The launch aims to bolster various use cases such as real-time global payments, DeFi applications, and seamless fiat-to-USDC conversions. Businesses can easily convert fiat to USDC on XRPL via a Circle Mint account, while developers can explore XRPL applications using free testnet USDC or Circle's developer resources. Circle emphasizes its mission to enhance the accessibility and efficiency of money movement globally, thereby fostering economic prosperity.