The XRP Ledger (XRPL) has expanded its stablecoin offerings with the launch of two new region-specific assets: EURØP, a MiCA-compliant euro-pegged stablecoin issued by France’s Schuman Financial, and USDB, a dollar-backed token from Brazil’s Braza Group.
These additions aim to boost XRPL’s presence in Europe and Latin America, supporting use cases from DeFi to cross-border settlements.
EURØP is fully backed by euros held in major banks and audited by KPMG, while U.S. and Brazilian bonds back USDB and complements Braza’s existing real-pegged stablecoin, BBRL. Braza aims for USDB to capture up to 30% of Brazil’s USD stablecoin market by 2025.
Meanwhile, Ripple is aggressively expanding its global reach. It recently made a $4–$5 billion acquisition bid for Circle (issuer of USDC), which was declined, and launched a blockchain-powered payments solution in the UAE.
With over $70 billion in payments processed and more than 60 licenses secured, Ripple is positioning XRPL as a key platform in the global digital finance ecosystem.
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