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Web3 Parrot > Blog > News > The Euro Just Went On-Chain — And It’s On XRP
News

The Euro Just Went On-Chain — And It’s On XRP

Ayomide Adekolajo
Last updated: 22/05/2025 17:20
Ayomide Adekolajo
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The euro has officially arrived on the XRP Ledger. This isn’t just another crypto project launching with bold promises. The digital euro comes with something most cryptocurrencies don’t have: real regulatory backing and serious institutional support.

Ripple broke the news on X, announcing that the euro is now live on XRP Ledger with full MiCA compliance. This regulatory stamp makes all the difference in a space where most projects operate in legal gray areas.

The digital euro stands apart because it follows Europe’s MiCA regulations. These rules create a comprehensive framework for crypto assets across the continent. France’s central bank oversees the project, giving it official government approval that typical crypto launches never receive.

The institutional support runs deep. Société Générale, one of Europe’s biggest banks, backs the project. KPMG handles the auditing. This combination of central bank regulation, major bank support, and professional auditing creates something rare in crypto: genuine institutional credibility.

The Digital Euro’s Role in Blockchain Legitimacy

This launch shows how traditional finance can work with blockchain technology without breaking the rules. Instead of operating in regulatory limbo like many crypto projects, the digital euro follows established guidelines and maintains transparency through proper auditing.

The development signals a shift toward mainstream blockchain adoption within existing financial systems. The mix of regulatory compliance, institutional backing, and blockchain efficiency could become a template for other central bank digital currencies and traditional banks exploring crypto integration.

🇪🇺 @Schuman_io Financial’s EURØP becomes the first MiCA-compliant euro stablecoin on the XRP Ledger. https://t.co/VUALNB9QSY

A key step toward compliant stablecoin adoption, enabling payments, tokenized RWAs, and onchain finance in Europe.

— RippleX (@RippleXDev) May 22, 2025

X Finance Bull made bold predictions on X about XRP token future, claiming the token “is built to settle nations” and forecasting major price increases. While these predictions remain unproven, the euro’s successful integration with XRP Ledger does prove the platform can handle major currency implementations with proper regulatory oversight.

Read Also: SUI Ecosystem Shaken as Hacker Drains Cetus DEX Liquidity — Can It Recover?

This digital euro launch represents more than a technical achievement. It shows how blockchain technology can gain legitimacy through proper regulatory channels and institutional partnerships, potentially paving the way for broader adoption across traditional finance.

Follow us on X (Twitter) and Coinmarketcap for more real-time market updates.

The information provided on Web3parrot.com is for general informational purposes only and are opinions of the expert writers. They are not intended as financial, investment, or trading advice. Please do your own research and consult with a licensed financial advisor before making any financial decisions.

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By Ayomide Adekolajo
Ayomide is a crypto, blockchain and finance writer with with four years of experience. She enjoys exploring ideas and sharing insights on a variety of topics within the web3 niche. Writing is not just a profession for Ayomide; it's a passion.
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