XRP Ledger Adds First EU-Compliant Stablecoin

XRP Ledger has taken a major leap forward with the integration of EURØP, the first euro-backed stablecoin fully compliant with the European Union’s MiCA regulations. This development reinforces Ripple’s strategic push toward building regulated financial infrastructure on blockchain technology.

Developed by Schuman Financial, EURØP officially launched on May 22 and is now live on the XRP Ledger (XRPL). As a fully redeemable asset tethered 1:1 to the euro, EURØP represents a significant achievement in merging traditional currencies with decentralized platforms. The stablecoin operates under the supervision of the ACPR, the French financial regulator that works in tandem with the European Central Bank. Its reserves are independently audited by KPMG and are safely guarded by top-tier banks, including Societe Generale.

This launch marks a foundational milestone in introducing compliant digital currencies for broader financial use within the Eurozone. Ripple emphasizes that the existence of an in-network euro settlement asset opens new doors for tokenized real-world asset transactions, digital payments, and on-chain financial services.

Schuman Financial’s CEO, Martin Bruncko, highlighted the alignment between EURØP’s design philosophy and XRPL’s infrastructure. He views XRPL as a resilient and high-performance blockchain perfectly positioned to support Europe’s evolving financial ecosystem. According to Bruncko, the importance of XRPL lies not just in its capabilities but in its commitment to compliance and security.

Since its inception, XRPL has supported over 3.3 billion transactions and is home to more than six million wallets. Backed by over 200 validators, the network is praised for its reliability and speed, making it a favorable ground for stablecoin circulation. Ripple underlined that the combination of MiCA compliance and blockchain-native liquidity offers a reliable solution for cross-border finance and decentralized asset exchange.

A recent post from Schuman Financial’s official account shared that EURØP aims to facilitate real-time euro transactions across both business-to-business and business-to-consumer environments. Designed with applications in decentralized finance (DeFi) and tokenized real-world assets in mind, the stablecoin seeks to modernize how traditional money moves in the digital age.

Ripple’s own development wing, RippleX, echoed this sentiment in a social announcement, emphasizing the strategic relevance of EURØP in driving both compliance and innovation. Bringing a regulatory-aligned euro stablecoin onto XRPL isn’t just about liquidity—it signals a broader shift toward responsible blockchain integration in Europe.

This advancement comes amid a growing appetite for regulatory clarity in the digital asset space. The recent progress of the GENIUS Act, a bill aimed at establishing transparent rules for stablecoins, passed an important procedural milestone earlier this week. With bipartisan support, it has helped to raise optimism among financial institutions and crypto developers alike.

Related: Expert Advice: Sell XRP If You’re Confused

For Ripple and its community, EURØP stands as a vision-in-action—a tangible example of how traditional money and decentralized technology can coexist under formal legal frameworks. This development strengthens the XRP ecosystem and positions XRPL as a backbone for future blockchain-based financial operations in Europe.