XRP Ledger Strengthens Market Position with New Stablecoins EURØP, USDB, and XSGD
The XRP Ledger (XRPL) has expanded its stablecoin offerings with the addition of EURØP, USDB, and XSGD, enhancing its competitive edge in the digital asset space. These stablecoins, backed by fiat currencies, leverage XRPL’s low fees, fast transactions, and regulatory-friendly infrastructure. This development is poised to attract more users and institutional interest, further solidifying XRP’s role in the evolving cryptocurrency landscape.
XRP Ledger Expands Stablecoin Offerings with EURØP, USDB, and XSGD
The XRP Ledger (XRPL) has bolstered its ecosystem with the addition of three new stablecoins—EURØP, USDB, and XSGD—each backed by fiat currencies. This MOVE strengthens XRPL’s position in the competitive stablecoin market, leveraging its low fees, rapid transaction speeds, and regulatory-friendly infrastructure.
EURØP, a MiCA-compliant euro-pegged stablecoin issued by Schuman Financial, marks a strategic push into Europe’s regulated digital asset space. The French central bank-licensed issuer underscores the growing institutional confidence in XRPL’s capabilities for real-world asset tokenization.
Volatility Shares Launches First US-Based XRP Futures ETFs
Volatility Shares has introduced the first US exchange-traded funds tied to XRP futures, marking a significant milestone for cryptocurrency investment vehicles. The XRPI and XRPT ETFs began trading on Nasdaq on May 22, offering investors exposure to XRP’s price movements without direct token ownership.
XRPI provides 1x daily performance tracking, while XRPT targets 2x Leveraged returns—both structured as futures-based products. This eliminates wallet management complexities and tax reporting burdens associated with direct crypto holdings.
The launch represents growing institutional interest in altcoin derivatives, following Volatility Shares’ earlier cryptocurrency ETF offerings. Market participants now have regulated access to XRP exposure through traditional brokerage accounts.
