So, guess what? Schuman Financial just dropped a bombshell! 💣 They’ve integrated their shiny new euro stablecoin, EURØP, onto the XRP Ledger (XRPL). I mean, who doesn’t love a little compliance with their crypto? It’s like putting a seatbelt on a rollercoaster—totally necessary but also a bit of a buzzkill.
🇪🇺 @Schuman_io Financial’s EURØP becomes the first MiCA-compliant euro stablecoin on the XRP Ledger.
A key step toward compliant stablecoin adoption, enabling payments, tokenized RWAs, and onchain finance in Europe.
— RippleX (@RippleXDev) May 22, 2025
Now, EURØP claims to be a fully euro-backed and redeemable stablecoin. It’s like the gold standard, but, you know, without the actual gold. Schuman Financial is a licensed EMT issuer, regulated by the ACPR, which sounds super official—like a fancy title for a superhero. 🦸♂️
This integration is like adding a euro-native settlement asset to XRPL, opening the floodgates for DeFi applications, tokenized RWAs, and all those B2B and B2C payment flows. Basically, it’s a party, and everyone’s invited! 🎉
🚨 Crucial alert issued!
But hold your horses! The XRP community just got a little alert after the big news. Dr. Artur Kirjakulov, cofounder and CEO of XPMarket, is waving his arms like a lifeguard at a pool party, warning everyone to stay vigilant. “Be careful, we might see a lot of scam,” he tweeted. Thanks, Captain Obvious! 🙄
Scammers love to ride the coattails of high-profile news, creating fake tokens or impersonating legit projects. It’s like a bad rom-com where the villain always shows up at the worst time. So, XRP community, maybe don’t engage with tokens unless they come with a trusted stamp of approval. 🕵️♀️
Schuman EURØP (Issuer) wallet may be tracked here:
— XRPScan (@xrpscan) May 22, 2025
In a follow-up tweet, Kirjakulov admitted he couldn’t verify the issuer address of the stablecoin—like trying to find a decent Wi-Fi signal in a coffee shop. He shared an XRPscan tweet with a tracking address for the Schuman EURØP (issuer) wallet. Because nothing says “trust me” like a tracking link, right? 😂
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2025-05-22 17:39