Shoman Financial has launched a Euro-pegged stablecoin (EURØP) on the XRP Ledger, fully backed by euros and compliant with European MiCA regulations, enhancing the use of XRP in regulated digital payments.
Technically, XRP is currently trading around $2.37, with indications of a potential bullish breakout if it surpasses the resistance level at $2.56.
Technical analyses predict a price increase to levels between $3.87 and $5, driven by the current momentum and increasing institutional interest.
These developments suggest that XRP is on its way to strengthening its position as a key player in the digital finance space.
