Paris, May 22, 2025 – Schuman Financial has made big news by adding its euro stablecoin, EURØP, to the XRP Ledger (XRPL). This is the first euro stablecoin on XRPL that follows the European Union’s new crypto rules called MiCA. It’s a big step for using digital money in Europe.
RippleX shared this update on X at 08:32 UTC on May 22, 2025. EURØP is backed by real euros and is managed by Schuman Financial, a company approved by the French Central Bank’s authority, ACPR. The stablecoin’s funds are checked by KPMG and kept safe with a top bank, Société Générale.
What Does This Mean?
EURØP is a digital version of the euro that stays equal to its value. It can be used for things like online payments, digital investments, and tokenizing real-world items like property on the blockchain. The XRP Ledger is a fast and cheap blockchain that has handled over 3.3 billion transactions and has more than six million active users, according to Schuman Financial’s website. This makes it a great place for EURØP to work.
Martin Bruncko, the CEO of Schuman Financial, said, “EURØP on XRPL mixes a strong global blockchain with euro money that follows EU rules. This will help Europe build new financial tools online.”
Following EU Rules
The EU’s MiCA rules started for stablecoins in 2024 and will be fully active by July 2026. These rules make sure stablecoins are safe by requiring them to have enough real money to back them up, as explained in a December 2024 LegalNodes report. Schuman Financial is following these rules, which makes EURØP trustworthy for users.
Cassie Craddock from Ripple said, “EURØP on XRP Ledger shows how stablecoins can follow MiCA rules and still open new ways for online payments and digital assets. Europe is becoming a leader in stablecoin growth.”
A Trend on XRP Ledger
This isn’t the first euro stablecoin on XRPL. In November 2024, SG-FORGE launched its MiCA-approved EURCV stablecoin on XRPL, worth €38 million, according to The Crypto Basic. But euro stablecoins are still a small part of the market—less than 1%. Schuman Financial hopes EURØP will help change that and make digital euros more popular in Europe.
People on X are excited.
@DecodedXRP wrote, “This is how it starts. Europe will be big to watch .” Another user,
@KamilIlkha84393, said, “Huge step for XRPL in Europe! Real use is coming.”
What’s Next?
Schuman Financial plans to use EURØP for more euro-based online payments on XRPL. They want to make it easier for businesses and people to use digital euros. With strong partners like Société Générale and KPMG, the company is ready to lead in Europe’s digital money space.
This launch shows how Europe is mixing new tech with strict rules to create a better future for finance.
About Schuman Financial
Schuman Financial is a European company working on blockchain. It’s supported by Nexo and Lightspeed Faction and focuses on making digital euros that follow rules.
About Ripple and XRP Ledger
Ripple helps companies with blockchain solutions. The XRP Ledger is a public blockchain that’s fast and cheap, perfect for payments and digital assets. It’s been running for over 10 years.
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