Braza Group launches USDB, a USD-backed stablecoin on XRP Ledger, targeting cross-border payments in Ripple’s ecosystem.
Similar developments have recently occurred in Singapore and the EU market, with companies across three continents adopting XRPL for their latest offerings within the same week — a strong indication of growing trust in the platform.
Firms Turn to XRPL for Stablecoin Launches
Brazil has recently made notable advancements in crypto adoption, including the launch of the world’s first XRP ETF last month. Ripple has also established regional partnerships to expand cross-border payments, and the latest announcement continues that momentum.
Ripple revealed that Braza Group’s new USDB stablecoin is the latest to be developed on XRPL.
Braza Group, a fintech firm specializing in cross-border transfers, is looking to leverage XRPL to transform its stablecoin offerings. The company had previously launched BBRL, a stablecoin backed by the Brazilian Real, earlier in 2025.
BBRL operates on XRPL, and CEO Marcelo Sacomori attributes the rollout to recent regulatory improvements aiming to transform the financial landscape.
Ripple’s stablecoin, RLUSD, has seen a sharp rise in market presence, with trading volume climbing more than 60% over the past month.
Ripple has also used RLUSD for charitable donations and recently acquired a brokerage platform to enhance the token’s utility. The company continues to mint RLUSD aggressively, with its market cap nearly tripling in the last three months.
Other New Stablecoin Offerings
Beyond Brazil, new XRPL-based stablecoins have emerged in other regions. Earlier this week, StraitsX launched XSGD, a stablecoin pegged to the Singaporean dollar and built on Ripple’s Ledger.
XSGD is backed by reserves held at DBS Bank and Standard Chartered and is available across various blockchain platforms.
Unlike USDB, XSGD is not primarily geared toward cross-border payments. Instead, StraitsX highlighted its broader use cases, including DeFi access and general utility.
The company emphasized XRPL’s strengths, citing its speed, security, and scalability. Though similar in some respects, XSGD and USDB are aimed at different market needs.
Schuman Financial, a finance firm based in Switzerland, also introduced a new XRPL stablecoin today. EURØP, backed by the Euro, is designed for the EU market and meets MiCA regulatory standards.
Schuman’s announcement echoed other companies’ emphasis on DeFi compatibility and user accessibility.
The rapid launch of multiple XRPL stablecoins within a week underscores Ripple’s growing global reach. Firms from unrelated markets across three continents are now turning to Ripple’s Ledger as the foundation for their latest financial products.
With RLUSD’s accelerating momentum, these launches signal a rising role for Ripple in the evolving stablecoin landscape.
