GateHub and Dinaro introduce euro-pegged token on XRP Ledger
A new MiCA-compliant stablecoin, EURGH, is being launched for instant euro transfers between XRP Ledger wallets and European bank accounts.
A new MiCA-compliant stablecoin, EURGH, is being launched for instant euro transfers between XRP Ledger wallets and European bank accounts. XRP (XRP) is trading at $1.19. This is an original TLT brief based on reporting by U.Today, with live market data added, as of Fri, 06 Nov 2026 09:00:05 UTC.
The launch connects euro-denominated bank-account transfers with blockchain-based settlement, potentially expanding practical stablecoin use on the XRP Ledger among European users.
- GateHub and Dinaro are launching EURGH on the XRP Ledger
- The token targets instant payments between wallets and European bank accounts
- U.Today describes EURGH as MiCA-compliant
- XRP fell 9.77% over 24 hours amid a broadly declining market
- XRP Ledger Proposes Token Authorization Enhancements
- XRP Ledger patches token-minting permission flaw
- GateHub and Dinaro introduce euro-pegged token on XRP Ledger — this brief
U.Today reports that GateHub, in partnership with Dinaro, is launching EURGH, a euro-pegged stablecoin on the 
XRP Ledger. The project is designed to support instant euro payments between blockchain wallets and European bank accounts, connecting an EU banking relationship with an XRPL-based settlement rail.
According to the outlet’s summary, EURGH is positioned as MiCA-compliant. No independent coverage or additional supporting sources were provided for this launch, so details about its backing structure, issuance process, participating institutions, and geographic availability are not established in the supplied information.
Market conditions were weak during the reported period. XRP was priced at $1.19, down 9.77% over 24 hours and 6.37% over seven days, with a market capitalization of $75.3 billion. 
Bitcoin also fell 6.00% over 24 hours, while the broader crypto market was broadly down and total market capitalization stood at $2.61 trillion.
The Fear & Greed Index stood at 28, placing sentiment in the “Fear” range. Against that backdrop, the EURGH launch introduces a euro-linked payments product while the native token and wider crypto market face downward pressure. Adoption, usage and operational execution of the new stablecoin will determine whether it gains traction among users seeking direct connections between European bank accounts and blockchain wallets.
Since this brief published about 13 hours ago, XRP (XRP) has moved from $1.19 to $1.19 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,643.28 (about $1.19), down 10.2% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
GateHub and Dinaro introduce euro-pegged token on XRP Ledger — questions & answers
What is EURGH?
EURGH is a euro-pegged stablecoin that GateHub and Dinaro are launching on the XRP Ledger, according to U.Today.
What payments does EURGH support?
It is designed to enable instant euro payments between blockchain wallets and European bank accounts.
Is EURGH MiCA-compliant?
U.Today describes EURGH as MiCA-compliant, but no further regulatory details were supplied.
How is XRP performing?
XRP trades at $1.19, down 9.77% over 24 hours and 6.37% over seven days.
How much is 1 XRP worth in naira today?
About ₦1,643.28 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.19. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.