Schuman Financial’s EURØP Becomes First
MiCA-Compliant Euro Stablecoin Integrated on the XRP Ledger
Schuman Financial today announced a native integration of its MiCA-compliant euro stablecoin EURØP onto the XRP Ledger (XRPL). This marks a major step toward bringing compliant euro-denominated stablecoins into active use on one of the world’s most widely used blockchains.
EURØP is a fully euro-backed and redeemable stablecoin issued by Schuman Financial, a licensed EMT issuer regulated by the ACPR, the supervisory authority of the French Central Bank. In addition, EURØP reserves are regularly audited by KPMG and safeguarded at Europe’s leading financial institutions including Societe Generale
“EURØP on the XRPL combines the resilience of a global blockchain with euro-native liquidity and compliance at its core. This will give Europe and euro-denominated financial markets an integral infrastructure for the next wave of financial innovation, which is happening on-chain,”
says Martin Bruncko, Founder and CEO of Schuman Financial.
This integration brings a euro-native settlement asset to XRPL, an institution-ready Layer 1 blockchain. Over the past decade, the XRPL has processed over 3.3 billion transactions, supporting over six million active wallets with a network of over 200 validators, making XRPL an ideal environment for stablecoins like EURØP. EURØP will enable use cases including DeFi applications, tokenized RWAs, B2B and B2C payment flows, and more. For Schuman Financial, this is just the first step on a roadmap built around euro-denominated payment use cases across the ecosystem, powering the euro leg of on-chain transactions.
“The launch of EURØP on the XRP Ledger demonstrates how stablecoins can meet the high standards set by MiCA while unlocking new possibilities for onchain use cases such as payments and real-world asset tokenization. With Europe putting in place clear, supportive regulation and institutional adoption accelerating, the region is emerging as a key market for stablecoin innovation. We’re proud to work with companies like Schuman Financial to lay the foundation for enterprise-grade infrastructure that supports Europe’s blockchain economy,”
says Cassie Craddock, Managing Director, UK & Europe at Ripple.
The announcement follows the momentum around euro stablecoins across the continent, as institutions prepare for MiCA enforcement and seek digital currencies that meet European regulatory standards.EURØP’s position as the first euro stablecoin on XRPL reflects Schuman’s growing reputation for regulatory alignment, credibility and reliability in building institutional-grade infrastructure for the digital euro economy.
About the XRP Ledger (XRPL)
The XRP Ledger (XRPL) is a decentralized layer 1 blockchain renowned for its decade-long reliability and stability in tokenizing and exchanging crypto-native and real-world assets. Designed to support businesses and builders, it is powered by XRP, a cryptocurrency purpose-built for payments. Trusted by over 1,000 visionary builders and businesses worldwide, the XRP Ledger offers institutional-grade functionality and built-in features to enable secure, efficient, and scalable financial services and use cases. It’s more than just a blockchain – it’s a global developer community dedicated to transforming future business solutions. Learn more and build your business with confidence at XRPL.org.