XRP News Today: XRPL Expands Stablecoin Ecosystem with EURØP and USDB Launches

Coin WorldThursday, May 22, 2025 6:43 pm ET
2min read

The XRP Ledger (XRPL) has expanded its stablecoin ecosystem with the launch of two new stablecoins: EURØP, a euro-denominated asset compliant with the Markets in Crypto-Assets (MiCA) regulation, and USDB, a dollar-pegged stablecoin issued by Brazil’s Braza Group. These additions strengthen XRPL’s role in tokenized finance, offering more regulated and region-specific assets to users across Europe and Latin America.

Schuman Financial, a French-based licensed e-money token (EMT) issuer regulated by the French Central Bank’s ACPR, announced the integration of its EURØP stablecoin onto the XRPL. As the first MiCA-compliant euro stablecoin on the ledger, EURØP is fully backed by euros, with reserves safeguarded by top-tier banks like Societe Generale and audited by KPMG. Martin Bruncko, CEO of Schuman Financial, highlighted the significance of this move, stating that EURØP on the XRPL combines the resilience of a global blockchain with euro-native liquidity and compliance at its core. This provides essential infrastructure for the next wave of financial innovation in Europe. EURØP will serve a wide range of use cases, from DeFi applications to tokenized real-world assets (RWAs) and institutional B2B settlements.

Meanwhile, across the

, Brazil’s Braza Group introduced USDB, a dollar-pegged stablecoin also issued on the XRP Ledger. Backed by U.S. and Brazilian government bonds, USDB seeks to offer people and institutions a reliable alternative for secure, low-cost digital transactions. Braza already operates BBRL, a Brazilian real-backed stablecoin, also issued on XRPL. Marcelo Sacomori, CEO of Braza Group, sees USDB as a key tool for financial inclusion and global trade. With both BBRL and USDB on XRPL, the company is unifying its stablecoin infrastructure and positioning itself for greater regional and global influence. Sacomori said USDB could capture up to 30% of Brazil’s USD-pegged stablecoin market by the end of 2025. He also sees regulation as a major driver of adoption, stating that regulation should make the market safer, especially regarding asset custody for financial institutions.

Ripple’s global expansion push continues with these launches, as the company seeks to cement its dominance in the global stablecoin and payments market. Ripple is expanding its cross-border payments infrastructure, launching a blockchain-powered payments solution in the UAE in May, partnering with Zand Bank and fintech firm Mamo. This follows regulatory approval from the Dubai Financial Services Authority earlier this year, making Ripple the first licensed blockchain payments provider in Dubai’s financial hub. With over $70 billion processed in global payments, more than 60 licenses across key markets, and now key partnerships in the Middle East, Ripple appears focused on scaling XRP adoption, both through strategic expansion and bold acquisition plays.

These launches are not just about adding new tokens to the XRPL; they represent a larger transformation in the digital finance landscape. With MiCA in place and Brazil preparing for broader regulation, EURØP and USDB are signs of a more connected and efficient digital asset community. Ripple leaders see these launches as foundational for connecting regulated financial ecosystems across regions through XRPL’s infrastructure. The integration of these stablecoins reflects a push toward compliance-driven growth in digital finance, offering more regulated and region-specific assets to users across Europe and Latin America.