Stablecoin ecosystem expansion

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Ripple’s own stablecoin RLUSD, launched in 2024, competes directly with USDC and is available on both Ethereum and XRPL
XRPL enhances its position as a stablecoin‑friendly platform with the addition of USDC
Ondo Finance expanded its OUSG tokenized US Treasury fund to XRPL, enabling minting and redemptions using RLUSD and aligning with Ripple’s vision for regulated asset tokenization.
XRPL already hosts stablecoins such as Ripple’s RLUSD, StraitsX’s Singapore‑dollar‑pegged XSGD, Schuman Financial’s EURØP, and Braza Bank’s USDB

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Circle launches USDC on the XRP Ledger

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