XRP News: Ripple Adds Three New Global Stablecoins to XRPL
Key Insights
- XRP news: Ripple’s XRP Ledger (XRPL) is launching three new international fiat-backed stablecoins this week.
- These stablecoins, USDB (Brazil/USD), EURØP (Europe/EUR), and XSGD (Singapore/SGD) show a growing confidence in XRPL’s capabilities.
- The trend of stablecoins choosing XRPL shows a market shift from Ethereum into more scalable networks.
XRP news turns bullish as Ripple adds three new fiat-backed stablecoins—USDB, EURØP, and XSGD—to the XRP Ledger. The move highlights growing trust in XRPL as a scalable and regulated alternative to Ethereum.
XRP News Highlights Global Stablecoin Expansion on XRPL
The addition of these stablecoins from different continents in a single week is a milestone for not just Ripple, but the stablecoin market as a whole.
Each of these stablecoins is pegged to a local fiat currency and issued by a region-specific financial entity. Together, the show that investors and issuers are becoming more confident in the XRPL’s ability to provide fast transactions, low fees, and regulatory alignment.
Ripple’s native RLUSD stablecoin has already seen some strong traction lately, with its trading volume jumping over 60% in the last month. The stablecoin’s market cap also nearly tripled in the past quarter. And these three new stablecoins are set to build on this momentum for better use cases within the XRPL ecosystem.
All Three Stablecoins in View
USDB, the Brazilian stablecoin is spearheaded by the Braza Group. It is pegged to the US dollar, and was made specially for Brazil’s cross-border payments sector. The company has been actively working to bring blockchain solutions to the Latin American market, and even earlier introduced BBRL, which was backed by the Brazilian Real.
The EURØP is backed by Schuman Financial, a Swiss-based finance company licensed by the French central bank.
This stablecoin is fully compliant with the EU’s MiCA (Markets in Crypto-Assets) regulations and is pegged to the euro. It is also backed by reserves held in major European banks, all of which are regularly audited by KPMG to make sure that they remain transparent.
Finally, Singapore’s StraitsX introduced XSGD, which is pegged to the Singapore dollar.
This asset is backed by 1:1 reserves held in trusted institutions like DBS Bank and Standard Chartered. Though XSGD had previously existed on other blockchains, its arrival on XRPL shows that the ledger is gaining more appeal.
Why This XRP News Signals a Broader Market Shift
One of the biggest reasons for XRPL’s traction among stablecoin issuers is its major features.
The ledger is designed for speed and scalability, and allows near-instantaneous transactions with minimal fees. These qualities are important for stablecoins, which often serve as intermediaries in trading, remittances, and decentralized lending.
Overall, the combined launch of USDB, EURØP and XSGD on XRPL is more than a coincidence.
Its shows that the market is shifting and while Ethereum still holds the reins in terms of total stablecoin volume, the rising cost and congestion have moved most projects to start considering more ledgers.
As regulatory clarity increases and institutional participation widens, XRP news like this reinforces XRPL’s position as a viable alternative to Ethereum for fiat-backed assets.
If this trend holds, XRPL could transition from a competitive option to a preferred network for stablecoin deployment, especially in markets that prioritize compliance and performance.
