Schuman Financial Launches EURØP First MiCA-Compliant Stablecoin on XRP Ledger

On May 22, 2025, RippleX’s official Twitter account announced the EURØP Stablecoin launch onto Ripple’s XRPL. This euro-backed digital asset marks the first euro stablecoin compliant with the MiCA License and available on the blockchain. The launch aims to support financial applications across Europe’s digital economy and real-world asset tokenization. It also offers regulated on-chain payment options that operate with clarity. Schuman Financial issued the stablecoin under European regulatory oversight and audited reserves. XRPL integration promotes secure asset transfers and financial inclusion. This represents a step toward regulated blockchain infrastructure for mainstream financial services.

EURØP Backed by Cash Under ACPR Oversight

EURØP Stablecoin is fully redeemable and backed by cash or cash equivalents. Schuman Financial issues the stablecoin under France’s ACPR oversight and regulatory guidelines. Major European banks, such as Société Générale, protect reserve holdings. KPMG will audit these reserves quarterly for transparency and trust. The initial audit report is expected three months after launch. This approach aligns with MiCA requirements for clear financial governance. Users can trust that each token equals one euro held in reserve. External independent reviews reinforce confidence in the stablecoin’s full reserve backing and governance.

Why XRPL for Compliant Euro Stablecoin Deployments?

Martin Bruncko, CEO of Schuman Financial, highlighted native euro liquidity with blockchain security. He explained how XRPL supports a global distributed ledger infrastructure. XRPL has processed more than three billion transactions since its launch. More than six million active wallets currently operate on this network. Over two hundred validators help maintain network integrity and decentralization continuously. This mature blockchain environment suits compliant stablecoin deployments with high performance and security. The integration aims to enhance Europe’s participation in on-chain financial activities. Schuman Financial expects this integration to drive euro adoption in digital finance.

Cassie Craddock, Managing Director for UK and Europe at Ripple, commented on the EURØP Stablecoin launch. She said stablecoins can meet regulatory expectations while fostering innovation. MiCA License provides a legal framework for compliant digital euro assets. Institutional actors show growing interest in regulated stablecoin solutions worldwide. Europe appears ready to adopt compliant digital currencies under clear rules. EURØP shows practical benefits for payment processing and asset digitalization. This regulated asset aims to responsibly bridge traditional finance and blockchain innovations. Clear compliance standards may attract broader market adoption of euro-based tokens.

XRPL Adds Euro-Native Asset for B2B and B2C Payments

Introducing a euro-native settlement asset on Ripple’s XRPL unlocks diverse practical use cases. Businesses can execute B2B and B2C payments instantly and affordably. Decentralized finance platforms can integrate EURØP for lending and borrowing services. Real-world asset transactions also benefit from fast and compliant euro settlements. Users gain cost-effective transfers while remaining fully aligned with applicable regulations. This digital asset supports transparent audit trails and reduces settlement risk. Schuman Financial plans to expand payment solutions across the blockchain ecosystem using the euro. It forms part of a broader strategy for on-chain euro finance.

Stablecoin markets have long been dominated by US dollar assets and issuers. The euro ranks as the world’s second most-used currency globally. Yet digital euro options have remained limited until this recent launch. EURØP Stablecoin aims to fill this gap with a euro-denominated alternative. It complies with European financial rules and regulatory requirements fully. Schuman Financial believes demand for euro-based instruments will rise with on-chain finance growth. The project addresses market imbalance and expands the choice of digital asset users. This effort underlines the need for regionally relevant digital currencies.

Business Access to EURØP and the Role of Compliance

Qualified business clients can mint EURØP through Schuman Financial’s platform. They exchange euros for tokens and redeem tokens for euros easily. Retail users and other businesses may also access redemption services. All participants must fully meet standard compliance and verification requirements. The platform ensures transparent issuance and full reserve backing throughout operations. Each token directly reflects one euro held in secure reserves. Early phase results suggest growing interest in regionally supported digital currencies. This model points toward broader adoption of compliant euro-based stablecoins. This system may set a precedent for future euro-denominated digital assets.