Circle’s USDC stablecoin has officially launched on the XRP Ledger, enabling users to utilize XRP as a bridge currency for cross-chain transfers. This integration comes as U.S. regulators increase their focus on stablecoins, which now have a market capitalization exceeding $237 billion. Ripple aims to position XRP as a key liquidity bridge while discussions around dollar-pegged and gold-backed stablecoins intensify.