A new euro stablecoin, EURGH, has been added to the XRP Ledger. It is a joint project by GateHub and Dinaro.
According to U.Today, the stablecoin is pegged to the euro and is said to comply with MiCA. It is intended to enable instant euro payments between blockchain wallets and European bank accounts.
· The use case explicitly described is instant euro transfers between wallets and European bank accounts.
· U.Today’s report says it is MiCA-compliant, but the source material does not list any specific regulatory approval documents.
Would you use it for cross-border euro payments, or keep it on-chain only?
$XRP
According to U.Today, the stablecoin is pegged to the euro and is said to comply with MiCA. It is intended to enable instant euro payments between blockchain wallets and European bank accounts.
· The use case explicitly described is instant euro transfers between wallets and European bank accounts.
· U.Today’s report says it is MiCA-compliant, but the source material does not list any specific regulatory approval documents.
Would you use it for cross-border euro payments, or keep it on-chain only?
$XRP
