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About

The XRP Ledger (XRPL) is a payments-optimized Layer-1 maintained by the Ripple ecosystem, offering fast, low-cost settlement and built-in DEX features. It is the issuance home of Ripple's RLUSD stablecoin and is supported as a settlement network by Mastercard, positioning it for institutional cross-border and stablecoin payments.

Native home of RLUSD; supported by Mastercard for stablecoin settlement.

Stablecoins

RLUSDUSDC

Key products

XRP LedgerRLUSDnative DEX

Chains

XRP Ledger
Founded
2012
Stage
Public token (XRP)
Funding
XRPL Foundation; Ripple-backed

Related companies

Algorand logo

Algorand

Payments-focused L1 expanding USDC stablecoin use

Algorand is a low-fee, fast-finality Layer-1 oriented toward payments and tokenized assets. It supports native USDC and EURC and has expanded consumer stablecoin payments through partnerships such as Wirex, bringing USDC payments to Visa-accepting merchants.

Stablecoin ChainsCross-Border & Remittances
Arc logo

Arc

Circle's open L1 for stablecoin finance

Arc is an open Layer-1 blockchain developed by Circle and purpose-built for stablecoin-native finance, using USDC as the native gas token for low, predictable fees. It features Malachite BFT consensus with sub-second finality, full EVM compatibility, a built-in FX engine, instant settlement, and opt-in privacy. Arc entered public testnet in 2025 with a 2026 mainnet target and participation from institutions including Visa, BlackRock, and Coinbase.

Stablecoin ChainsFiat-Backed Issuers
BiLira logo

BiLira

Issuer of TRYB, the Turkish lira stablecoin

BiLira is a Turkish fintech that issues TRYB, a stablecoin pegged 1:1 to the Turkish lira and fully backed by reserves held in Turkish bank accounts with regular audits. Launched in 2019, TRYB is available across multiple blockchains including Ethereum, Avalanche and Solana, and is used primarily by institutions, high-net-worth individuals and crypto-native retail for trading and cross-border settlement. BiLira is also building a crypto exchange (BiLira Kripto) and an on/off-ramp product (BiLira Direct).

Fiat-Backed IssuersCross-Border & Remittances
BRLA Digital logo

BRLA Digital

Issuer of BRLA, a Brazilian real stablecoin

BRLA Digital, which rebranded as Avenia in 2025, is a Brazilian stablecoin and payments-infrastructure company that issues BRLA, a fully reserve-backed stablecoin pegged 1:1 to the Brazilian real. It powers stablecoin-based FX, treasury and cross-border payment flows across Latin America and the US, integrating with Brazil's PIX instant-payment system.

Fiat-Backed IssuersCross-Border & RemittancesIssuance & Orchestration
Celo logo

Celo

Mobile-first payments chain for stablecoins

Celo is a mobile-first, EVM-compatible chain (now an Ethereum Layer-2) focused on accessible stablecoin payments in emerging markets. It supports native USDC, USDT, and local-currency stablecoins (cUSD, cEUR, cREAL), allowing gas fees to be paid in stablecoins.

Stablecoin ChainsPayments & PSPsCross-Border & Remittances
Crypto.com logo

Crypto.com

Exchange, card issuer and Cronos chain operator

Crypto.com is a large consumer crypto exchange and card program operator. Its 2025 roadmap included launching its own stablecoin and filing for a Cronos ETF. It operates the Cronos chain and a widely used crypto Visa card program, making it a major stablecoin spending and trading venue.

ExchangesFiat-Backed IssuersCards & Spending