GateHub XRP to EURGH route reveals thin direct liquidity pool

GateHub’s newly announced route for converting XRP into its euro token, EURGH, displayed a direct liquidity pool of just 96.80 EURGH on the XRP Ledger as of a Nov. 8 snapshot, according to CryptoSlate. The wallet platform announced the EURGH redemption feature on Nov. 5, partnering with Dinaro, the electronic-money issuer for the token. GateHub stated that the euro token, which exists on both the XRP Ledger and Xahau, can be redeemed through SEPA bank payments, subject to legal and verification requirements.