In a significant move towards regulatory compliance, Ripple has introduced EURØP, the first euro-backed stablecoin on its XRPL blockchain to meet the stringent requirements of the EU Markets in Crypto-Assets (MiCA) framework. This landmark launch marks a major step towards bringing compliant and scalable digital finance solutions to Europe. EURØP is backed by euros, with reserves held at top-tier banks like Société Générale, audited by KPMG, and issued by Schuman Financial, a registered financial company under the French Prudential Supervision and Resolution Authority (ACPR). This debut paves the way for more institutional grade euro settlements and tokenized real world asset flows on XRPL.