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XRP Ledger Gets Its First MiCA-Regulated Euro Stablecoin

  • On May 22, 2025, Schuman Financial introduced EURP, a euro-backed stablecoin meeting MiCA regulatory standards, launching it on the XRP Ledger from Paris.
  • This launch follows the enactment of MiCA regulation and Schuman Financial’s ACPR license, ensuring regulatory alignment and market readiness.
  • EURP enables real-time, on-chain euro settlements and is backed 1:1 by euros held in central reserves at major European banks like Societe Generale.
  • Martin Bruncko stated EURP brings “the resilience of a global blockchain,” while Cassie Craddock said it meets MiCA’s high standards for on-chain payments and asset tokenization.
  • This integration positions EURP as a foundational euro infrastructure on XRPL, promising enhanced compliance, efficiency, and new use cases in European digital finance.
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Hawkdive.com broke the news in on Thursday, May 22, 2025.
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