Euro-Backed Stablecoin Set for Launch on XRP Ledger

Cassie Craddock, Managing Director for the UK and Europe at Ripple, announced a new stablecoin backed by Euros will launch on the XRP Ledger. This announcement was made during Paris Blockchain Week 2025, in collaboration with SocGen Forge, a digital asset division of Société Générale. 🚨 BREAKING: Craddock confirmed that the Euro-backed stablecoin will be launched on the XRP Ledger via SocGen Forge. The move marks a significant step for Ripple and solidifies its presence in the regulated stablecoin landscape.