Brazilian firm Braza Group is launching USDB, a new USD-backed stablecoin integrated with Ripple’s XRP Ledger (XRPL). Braza will market this new stablecoin specifically for cross-border payments.
Similar integrations have also recently taken place in Singapore and the EU market. In one week, companies on three different continents all turned to XRPL for their new offerings, representing a strong signal of confidence.
Firms Turn to XRPL for Stablecoin Launches
Brazil has made several new strides in crypto adoption recently, offering the world’s first XRP ETF last month. Ripple, too, has specifically conducted partnerships to expand cross-border payments with Brazil, and today’s development builds on that.
According to Ripple’s announcement, Braza Group’s new USDB stablecoin represents the next step with XRPL.
Braza Group, a fintech company focused on cross-border money transfers, hopes to use XRPL to revolutionize Braza’s stablecoin market. It launched another stablecoin, BBRL, earlier in 2025.
BBRL is backed by the Brazilian Real and hosted on XRPL. CEO Marcelo Sacomori credits regulatory advances for enabling these new offerings, hoping to revolutionize the financial ecosystem.
Ripple’s own XRPL stablecoin, RLUSD, has been making waves in the stablecoin market recently; its trading volume increased by over 60% in the last month alone.
Ripple has also used the stablecoin for publicized charitable donations and bought out a brokerage platform to boost RLUSD’s utility. The firm has been minting new tokens relentlessly, with RLUSD’s market cap nearly tripling in the last three months.
Other New Stablecoin Offerings
Brazil isn’t the only market where new XRPL stablecoins are available. Earlier this week, StraitsX launched its own stablecoin, XSGD, which also uses Ripple’s Ledger.
Unlike USDB, this new asset is pegged to the Singaporean dollar, intended for that country’s market. It is backed by reserves held with DBS Bank and Standard Chartered, and available on multiple blockchain platforms.
StraitsX’s announcement doesn’t prioritize cross-border payments as XSGD’s utility, mentioning it alongside several other features like DeFi access and overall utility.
The company repeatedly praised XRPL for its speed, security, scalability, and more. The two products share a few similarities but do not occupy the same niche.
Schuman Financial, a Swiss finance company, announced yet another XRPL stablecoin today. EURØP, its own offering, is intended for the EU market and is already compliant with MiCA regulations.
It’s backed by the Euro, and Schuman’s statements echoed many of the other firms’ goals for DeFi integration and ease of use.
The launch of so many XRPL stablecoins in less than a week is truly remarkable. Ripple’s Ledger has a global influence, with totally unrelated firms on three separate continents using it as the vehicle for their newest financial instruments.
Between these launches and RLUSD’s rapid growth, Ripple’s position in the stablecoin market is on the rise.
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