> ## Content Index > Fetch the complete content index at: https://stablecoininsider.org/llms.txt > Use this file to discover other available public pages before exploring further. # GateHub EURGH: MiCA Euro Stablecoin Live on XRPL - URL: https://stablecoininsider.org/eurgh/ - Published: 2026-11-06T09:13:50.000Z - Updated: 2026-11-06T09:13:51.000Z - Description: GateHub and Dinaro launched GateHub Euro (EURGH) on 5 November 2026 in Ljubljana: a MiCA euro EMT on XRPL and Xahau with SEPA mint and redeem to European IBANs. Stablecoin Insider covers issuer roles, fees, MiCA status and how EURGH compares with EURC, EURCV and EURØP. - Author: Alexandra - Tags: News, Stablecoins, MiCA, XRP GateHub EURGH is a euro-denominated electronic money token that went live on 5 November 2026 after GateHub Ltd partnered with Dinaro d.o.o. in Ljubljana ([GateHub press release](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). Dinaro issues the MiCA EMT; GateHub routes it onto the XRP Ledger and Xahau with SEPA mint and redeem into any European IBAN in seconds ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/); [Dinaro EURGH white paper](https://dinaro.si/mica-eurgh-whitepaper)). Here is what launched, who stands behind the token, how SEPA mint and redeem work, what the free fee claim covers, how EURGH sits next to EURC, EURCV and EURØP, and what the MiCA white paper actually discloses. ## Key Takeaways - GateHub and Dinaro launched GateHub Euro (EURGH) on 5 November 2026 as a MiCA electronic money token pegged 1:1 to the euro on XRPL and Xahau ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). - Dinaro, a Bank of Slovenia-authorised EMI with EEA passporting, is the issuer; GateHub provides the wallet UX and SEPA on/off-ramp ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/); [Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). - Users mint by sending EUR via SEPA into GateHub and redeem back to any European IBAN; issuing, redemption and transfer fees are listed as free in the launch note ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). - The MiCA white paper was notified to Banka Slovenije on 3 August 2026; it has not been approved by any competent authority and the issuer remains solely responsible for its content ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). - EURGH adds a regulated euro EMT on XRPL rails that already host RLUSD dollar liquidity, next to multi-chain peers such as EURC, EURCV and EURØP ([U.Today](https://u.today/xrp-ledger-welcomes-new-euro-stablecoin); [Stablecoin Insider euro list](https://stablecoininsider.org/best-european-stablecoins/)). ## What launched with GateHub EURGH? EURGH is a euro EMT commonly described as a euro stablecoin: each token is designed to maintain a 1:1 claim against euro funds held by the issuer under MiCA ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/); [Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). The public launch announcement is dated 5 November 2026 from Ljubljana. The token is live on XRPL and Xahau under issuer address rDdaSjBbgCGQQsGRSfMidBMyHbPoeE5KQR, with asset code EURGH ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). GateHub positions the product as the fastest SEPA bridge from XRPL and Xahau wallets to European bank accounts. U.Today's same-day write-up framed the launch the same way: a MiCA euro token that connects XRPL wallets to euro IBANs ([U.Today](https://u.today/xrp-ledger-welcomes-new-euro-stablecoin)). Status check: the launch note lists free issue, redeem and transfer fees and a live issuer address, but it does not publish circulating supply, reserve attestation links or a full exchange list. Treat liquidity and distribution as still early. ## Who issues EURGH: Dinaro vs GateHub? Dinaro d.o.o. is the MiCA issuer. It is a Bank of Slovenia-authorised electronic money institution (authorised 2 November 2021) that can passport e-money and payment services across the EEA, and it is also described as a principal Mastercard issuer ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/); [Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). GateHub Ltd is the distribution and wallet partner. The white paper names GateHub Limited (London) among the entities involved in design and development of crypto-asset-related services for EURGH, while Dinaro remains the issuer of record ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). GateHub says it has more than 1.5 million users and has provided XRPL wallet access since 2015, including non-custodial XRPL and Xahau interfaces plus custodial accounts powered by regulated partners ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). Quotes from the launch note: GateHub CEO Enej Pungercar framed EURGH as a locally built euro digital currency for the XRPL community; Nina Strajnar, president of Dinaro's supervisory board, said the partners plan to support more currencies and blockchains ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). ## How does SEPA mint and redeem work? Minting is a SEPA deposit into GateHub that auto-converts to EURGH on the chosen XRPL or Xahau wallet. Redemption runs the reverse path to any European IBAN ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). GateHub's published mint steps: - Log in at gatehub.net and select an XRPL or Xahau wallet. - Click Add funds, choose GateHub Euro, then SEPA. - Send EUR to the displayed IBAN; when funds arrive they convert automatically to EURGH on the selected wallet. Redeem / send to a bank account: - Select the XRPL or Xahau wallet, then Send funds and GateHub Euro. - Choose SEPA, enter the recipient IBAN and amount, review and confirm. - EURGH is redeemed automatically and sent via SEPA to the IBAN. The white paper adds the MiCA redemption frame: holders have a right of redemption at any time at par value, with no redemption fee charged by the issuer, subject to AML/CFT, wallet checks and Terms and Conditions ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). Stablecoin Insider's reading: the consumer UX is SEPA in, EURGH out (and the reverse). Direct legal redemption still sits with Dinaro under MiCA Article 49, so partner apps and GateHub's SEPA path are convenience rails on top of the issuer claim, not a substitute for reading the Terms. ## What are the fees and token details? The GateHub launch note lists issuing fee, redemption fee and transfer fee as Free ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). The white paper separately states the issuer will not charge a specific fee for redemption and will not grant interest on holding EURGH ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). Network and third-party costs still apply. The white paper warns that DLT network fees, trading platforms and banks processing SEPA transfers may charge their own fees outside the issuer's control ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). | Item | Published detail | Source | | ----------------------------- | ------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ | | Issuing fee | Free (per GateHub launch note) | [GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/) | | Redemption fee | Free (issuer); GateHub note also Free | [GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/); [white paper](https://dinaro.si/mica-eurgh-whitepaper) | | Transfer fee | Free (per GateHub launch note) | [GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/) | | Interest on holding | None (MiCA EMT; white paper) | [white paper](https://dinaro.si/mica-eurgh-whitepaper) | | Issuer address (XRPL / Xahau) | rDdaSjBbgCGQQsGRSfMidBMyHbPoeE5KQR | [GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/) | Stablecoin Insider table from [GateHub PR](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/) and [Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper). SEPA bank fees and ledger network fees are separate. ## How does EURGH compare with other euro stablecoins? EURGH is the XRPL-native SEPA-first option in this set. The table compares it with Circle's EURC, Societe Generale-FORGE's EURCV and Schuman Financial's EURØP using only published issuer facts (Stablecoin Insider table): | | EURGH | EURC | EURCV | EURØP | | --------------------------- | --------------------------------------------------------------- | ---------------------------------------------------------------------------- | ----------------------------------------- | -------------------------------------------------------------- | | Issuer | Dinaro d.o.o. (Ljubljana) | Circle (MiCA EURC programme) | Societe Generale-FORGE (EURCV) | Schuman Financial / Salvus SAS (EURØP) | | Regulatory basis | MiCA EMT; Bank of Slovenia EMI; white paper notified 3 Aug 2026 | MiCA-compliant euro stablecoin (Circle) | MiCA-framed euro EMT (SCI EURCV coverage) | MiCA EMT; French EMI supervision (Schuman FAQ) | | Peg / claim | 1:1 EUR claim on issuer | 1:1 redeemable for euro | 1:1 euro-referenced EMT | 1:1 euro e-money token | | Chains (published) | XRPL and Xahau | Arc, Avalanche, Base, Cronos, Ethereum, Plasma, Solana, Stellar, World Chain | Not restated here; see SCI EURCV post | On-chain (Schuman mint platform; chain list not restated here) | | Fiat rail called out | SEPA mint/redeem via GateHub to European IBANs | Circle Mint euro convert for eligible customers | Unavailable in this summary | Fiat rails + business mint/redeem (Schuman) | | Issue / redeem fee (issuer) | Free per GateHub note / white paper | Unavailable here | Unavailable here | Unavailable here | | Status | Live 5 Nov 2026 | Live (multi-chain) | Live (SCI coverage) | Live (Schuman site) | Sources: [GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/), [Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper), [Circle EURC](https://www.circle.com/en/eurc), [SCI on EURCV](https://stablecoininsider.org/mica-compliant-eurcv-and-usdcv-stablecoins/), [Schuman Financial](https://schuman.io/), [SCI European stablecoins](https://stablecoininsider.org/best-european-stablecoins/). Stablecoin Insider's [best European stablecoins guide](https://stablecoininsider.org/best-european-stablecoins/) and [What Actually Backs a Euro Stablecoin?](https://stablecoininsider.org/what-backs-a-euro-stablecoin/) cover reserve models for the wider euro set. For the XRPL dollar side that already sits next to this launch, see [Altair RLUSD](https://stablecoininsider.org/altair-rlusd/) and [Robinhood RLUSD](https://stablecoininsider.org/robinhood-rlusd/). ## What is EURGH's MiCA EMT status and white paper? EURGH is classified as an e-money token under MiCA Title IV. Dinaro notified Banka Slovenije of the crypto-asset white paper on 3 August 2026 under Article 51(11) MiCAR ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). Standard MiCA EMT disclosures apply: the white paper has not been approved by any competent authority in any EU Member State, and the issuer is solely responsible for its content. The token is not covered by investor compensation schemes under Directive 97/9/EC or deposit guarantee schemes under Directive 2014/49/EU ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). Reserve mechanics in the summary: funds received for EURGH are segregated under MiCA Article 54, with at least 30% in a dedicated safeguarding account at a supervised EU credit institution and up to 70% in secure low-risk euro assets meeting MiCA / EBA standards. Holders have a claim against the issuer under Article 49 ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). Offer window fields in the white paper list a starting date of offer / admission of 2026-09-01 and publication date 2026-09-01, with public launch messaging on 5 November 2026 via GateHub ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper); [GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). For the wider EU rule map, see Stablecoin Insider's [stablecoin regulations in 2026](https://stablecoininsider.org/stablecoin-regulations-in-2026/) tracker. ## Stablecoin Insider's take Stablecoin Insider's take: EURGH is the clearest SEPA-to-XRPL euro EMT launch yet. Dinaro brings a Bank of Slovenia EMI licence and a notified MiCA white paper; GateHub brings an installed XRPL wallet base and a simple SEPA UX. That combination matters more for European payments than for DeFi copy-trading of dollar stables. The gaps to watch are the ones every early EMT launch has: circulating supply, public reserve attestation cadence, which CASPs beyond GateHub will admit the token, and how freeze/recall powers in the Terms are used in practice. Free issuer fees are attractive only if SEPA bank fees and any GateHub product fees stay transparent. If you are mapping euro options for payments rather than trading, start with Stablecoin Insider's [European stablecoins guide](https://stablecoininsider.org/best-european-stablecoins/) and the [buy euro stablecoins](https://stablecoininsider.org/buy-euro-stablecoins-in-2025/) overview, then check Dinaro's white paper before treating EURGH as cash-equivalent working capital. [Compare European stablecoins](https://stablecoininsider.org/best-european-stablecoins/) **Need the euro EMT map?** Stablecoin Insider's European stablecoins guide ranks regulated euro tokens by rails, reserves and use case. [Open the European guide ](https://stablecoininsider.org/best-european-stablecoins/) [Altair RLUSD: What AI Agents Pay for on XRPLRLUSD dollar liquidity on the same XRPL rail EURGH now joins for euros.![](https://stablecoininsider.org/favicon.ico)Stablecoin Insider](https://stablecoininsider.org/altair-rlusd/) --- ## FAQ #### What is EURGH? EURGH (GateHub Euro) is a MiCA electronic money token denominated 1:1 in euro, issued by Dinaro d.o.o. and distributed via GateHub on XRPL and Xahau ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/); [Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). #### When did EURGH launch? GateHub's press release is dated 5 November 2026 from Ljubljana ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). The MiCA white paper lists a 1 September 2026 offer / publication date ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). #### Who regulates the issuer? Dinaro is authorised by Banka Slovenije as an electronic money institution and passports across the EEA. The EURGH white paper was notified to Banka Slovenije on 3 August 2026 ([Dinaro white paper](https://dinaro.si/mica-eurgh-whitepaper)). #### Is minting and redeeming free? GateHub lists issuing, redemption and transfer fees as Free. The white paper says the issuer charges no specific redemption fee. Network fees and third-party SEPA bank fees can still apply ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/); [white paper](https://dinaro.si/mica-eurgh-whitepaper)). #### How do I mint EURGH? In GateHub, select an XRPL or Xahau wallet, Add funds, GateHub Euro, SEPA, then send EUR to the displayed IBAN; funds convert automatically to EURGH ([GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). #### How does EURGH differ from EURC? EURC is Circle's multi-chain MiCA euro stablecoin. EURGH is issued by Slovenian EMI Dinaro and launched first on XRPL and Xahau with GateHub SEPA rails ([Circle EURC](https://www.circle.com/en/eurc); [GateHub](https://gatehub.net/blog/gatehub-partners-with-dinaro-to-launch-gatehub-euro-eurgh/)). ## What should you watch next? Watch for circulating supply disclosure on dinaro.si, the first public reserve attestation, additional CASP listings beyond GateHub, and any follow-on currencies or chains that Nina Strajnar flagged in the launch note. Until those land, read EURGH as a payments-first MiCA euro EMT for XRPL and Xahau users who want SEPA, not as a finished multi-venue euro liquidity product. Related reading: [MiCA-compliant EURCV and USDCV](https://stablecoininsider.org/mica-compliant-eurcv-and-usdcv-stablecoins/) and [stablecoin regulations in 2026](https://stablecoininsider.org/stablecoin-regulations-in-2026/). This content is provided for informational and educational purposes only and does not constitute financial, investment, legal or tax advice. Sources linked above were read on 6 November 2026, the day after EURGH launched; regulatory readings labeled as Stablecoin Insider's view are analysis, not legal opinion. It is not a recommendation to buy or sell any token, and no material herein should be interpreted as an endorsement or solicitation.