The XRP Ledger added three stablecoins, EURØP, USDB, and XSGD, to its ecosystem this week. These tokens are backed by fiat currencies and strengthen XRPL’s role in the stablecoin market. XRPL is becoming a top choice for stablecoin issuers and institutional players due to its features like low fees, fast transaction speeds, scalability, and regulatory tools. EURØP is a euro-pegged stablecoin compliant with MiCA regulations, USDB is a US dollar-backed stablecoin launched by a Brazilian fintech firm, and XSGD is a Singapore dollar-pegged stablecoin issued by StraitsX. These stablecoins aim to provide users with fast, cheap, and compliant financial services.

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