EURØP

Schuman Financial has launched its euro-backed stablecoin, EURØP, directly on the XRP Ledger (XRPL), making it the first MiCA-compliant euro stablecoin available on this blockchain.  According to the press release on Ripple’s page, EURØP is fully backed by euros and can be redeemed at any time. The reserves are held at top financial institutions in…