GateHub announced EURGH with issuer Dinaro on Nov. 5, 2026, saying holders could redeem the euro token through SEPA bank payments, subject to legal and verification requirements. XRP holders would first need to obtain EURGH; the announced bank route does not establish that they can convert XRP at a competitive rate.
At a Nov. 8, 2026, XRP Ledger snapshot, the direct XRP/EURGH order book showed one funded offer: 96.80 EURGH for 484 XRP, or 0.20 EURGH per XRP before costs. A request to convert XRP into 1,000 EURGH returned no route for the tested accounts, but that does not rule out routes for other accounts. The offer was not a completed trade, and the public test did not measure hosted or negotiated alternatives or independently demonstrate bank payouts.