XRP’s new euro cash-out route had less than €100 in its direct market

XRP holders seeking euros through GateHub's newly announced EURGH route faced just 96.80 euro tokens in the direct XRP/EURGH order book at a Nov. 8 ledger snapshot. Wallet platform GateHub announced EURGH with Dinaro, the token's electronic-money issuer, on Nov. 5 , saying its euro token on the XRP Ledger and Xahau could be redeemed through SEPA bank payments, subject to legal and verification requirements. For someone starting with XRP, however, obtaining that euro token comes before redeeming it. The measured public market offered little capacity for that first step. At the validated XRPL ledger that closed Nov. 8 at 13:29:31 UTC, the direct order book returned one offer supplying 96.80 EURGH in exchange for 484 XRP. Its owner's available funds covered the token amount.

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