XRP Ledger Adds EUR Transfer Capabilities via Bitstamp Listing

XRP Ledger can now be used to transfer EUR on Bistamp, here's how XRPL XRPArmy XRPCommunity XRPHolders Ripple

XRPL-based wallet Xumm celebrated the new milestone reached by tweeting,"Another EUR issuer on the XRP Ledger. Congrats on the launch of Bitstamp. More stablecoins for more future retail adoption. The XRP Ledger as payment rails and XummWallet as app to interact with them."Utilizing a network of validating servers, XRP Ledger uses a distributed consensus ledger. Despite having its native token, it permits the creation of additional asset-backed tokens known as IOUs on the XRP Ledger.

A simple definition of an IOU is a unique asset-backed token created on the XRP Ledger that is redeemable for the underlying asset, such as USD, EUR, gold or even crude oil.

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