Schuman Financial has integrated its EURØP coin onto Ripple’s XRP Ledger, marking a significant step towards utilizing compliant euro-denominated stablecoins on a widely-used blockchain.
EURØP complies with the European Union’s Markets in Crypto-Assets (MiCA) regulation, providing euro-native liquidity and compliance on the XRPL.
The integration brings a euro-native settlement asset to XRPL, suitable for DeFi applications, tokenized real-world assets, and various payment flows.
Stablecoins like EURØP hold potential in cross-border transactions, but their full benefits rely on infrastructure, regulatory support, and widespread acceptance among users.