menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Blockchain News

>

Schuman Fi...
source image

Pymnts

5d

read

167

img
dot

Image Credit: Pymnts

Schuman Financial Integrates Euro-Backed Stablecoin With Ripple’s XRPL

  • 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.

Read Full Article

like

10 Likes

For uninterrupted reading, download the app