MiCA-Compliant Euro Stablecoin Launches on XRP Ledger
The XRP Ledger (XRPL) has officially launched its first MiCA-compliant euro stablecoin, EURØP, issued by Schuman Financial.
Fully backed by euros and audited by KPMG, EURØP meets the EU’s strict Markets in Crypto-Assets (MiCA) regulations, marking a major milestone for institutional-grade crypto adoption in Europe. Ripple highlighted that this launch brings a regulated euro-native asset to XRPL’s fast, scalable blockchain—already supporting over 3.3 billion transactions.
The move aims to boost use cases such as euro-denominated DeFi, payments, and real-world asset tokenization, signaling strong momentum for compliant stablecoin ecosystems.
Clever Robot News Desk 25th May 2025
