Three New Stablecoins Launch on XRP Ledger as Ripple Expands Global Reach
The XRP Ledger (XRPL) is having a banner week, with three new stablecoins launching across three continents—signaling growing global confidence in Ripple’s blockchain infrastructure. From Brazil to Singapore to the European Union, companies are embracing XRPL to issue fiat-backed digital currencies aimed at streamlining payments, enabling DeFi access, and modernizing financial ecosystems.
Brazil’s Braza Group has unveiled USDB, its newest stablecoin on XRPL. The launch builds on the company’s earlier success with BBRL, a Brazilian Real-backed stablecoin released earlier this year. USDB is designed to support cross-border transactions and further digitize Brazil’s financial landscape.
🇧🇷 Braza Group’s new USD-backed stablecoin, USDB, is launching on the XRP Ledger, giving individuals and institutions a seamless and secure way to move value across borders. https://t.co/YAj6NBXPYy
— RippleX (@RippleXDev) May 22, 2025
With both $USDB and $BBRL on the XRPL, Braza is creating a scalable bridge…
“Regulatory clarity in Brazil has made this progress possible,” said Braza CEO Marcelo Sacomori. The launch follows Brazil’s milestone of approving the world’s first XRP exchange-traded fund (ETF) last month, and dovetails with Ripple’s ongoing partnerships in the country to enhance international payments.
In Singapore, StraitsX has released XSGD, a stablecoin pegged to the Singapore dollar and built on XRPL. Backed by reserves held with DBS Bank and Standard Chartered, XSGD is also supported on multiple blockchain platforms, giving it broad functionality.
While cross-border payments aren’t XSGD’s primary focus, the stablecoin is designed to unlock access to decentralized finance (DeFi), digital asset platforms, and other blockchain-based services. StraitsX praised XRPL’s speed, security, and scalability as key reasons for choosing the ledger for its latest product.
Meanwhile, Swiss fintech firm Schuman Financial has introduced EURØP, a Euro-backed stablecoin aimed at the European Union market. EURØP is already compliant with the EU’s Markets in Crypto-Assets (MiCA) regulatory framework, positioning it for smooth integration across the continent.
Like the other launches, Schuman emphasized ease of use and DeFi applications. The company joins a growing list of financial institutions looking to XRPL as a foundation for their digital asset initiatives.