EURØP Price

EURØP distinguishes itself as a regulated electronic money token issued by a licensed European institution, Schuman Financial, under ACPR supervision. Unlike many stablecoins, it offers full euro backing with segregated reserves audited by KPMG and held in leading banks such as Société Générale. It is issued on proof-of-stake blockchains for sustainability, ensures strong AML/KYC compliance, and provides a guaranteed 1:1 redemption with no maximum supply limits. This strong legal and financial framework aligns with EU MiCA regulations, offering transparency through regular Proof of Reserves and robust risk management.

The utility of EURØP lies in its function as a euro-backed stablecoin ideal for digital asset users in Europe seeking euro-native liquidity without currency conversion risks. It enables on-chain use cases including decentralized finance (DeFi), payments, tokenized real-world assets, business-to-business and consumer payment flows, and borrowing and lending. Its 1:1 euro peg provides a stable and secure medium of exchange and store of value, especially during market volatility, making it suitable for settlement and safe haven within the evolving on-chain euro financial ecosystem.

According to the EURØP whitepaper, the cryptocurrency promises a euro-backed stablecoin fully redeemable at par value with robust regulatory compliance under EU MiCA. It guarantees 100% backing with segregated reserves held securely in euro accounts or liquid instruments and audited regularly. The whitepaper emphasizes transparency through Proof of Reserves, strong AML and KYC procedures, issuance on energy-efficient proof-of-stake blockchains, and rights to redeem for both individuals and institutional holders. EURØP aims to be a resilient, transparent, and legally clear digital euro instrument for diverse financial applications on-chain.

EURØP is issued on low energy consumption blockchains that use the proof-of-stake consensus mechanism, ensuring sustainable and efficient operation.

The cryptocurrency EURØP was created by Schuman Financial, a licensed electronic money institution authorized in France and regulated by the ACPR (Autorité de contrôle prudentiel et de résolution). It was designed as a euro-denominated stablecoin to bring the euro back to the forefront in the digital asset space, providing a secure, transparent, and MiCA-compliant alternative to USD-based stablecoins for European users.

EURØP was launched and became publicly integrated around the year 2025, with key milestones such as its integration on the XRP Ledger announced in May 2025.

You can use EURØP as a euro-backed stablecoin for a variety of digital finance applications including DeFi, payments, on-chain foreign exchange, lending, and borrowing. It is transferable, storable, and spendable like other stablecoins and can be redeemed 1:1 for euros through Schuman Financial's redemption platform, subject to AML and KYC compliance. EURØP is available on multiple blockchains including Ethereum, Polygon, Avalanche, and XRP Ledger, and is integrated with regulated exchanges and payment platforms for both retail and institutional users.

EURØP can be bought on the SwissBorg app with just a few clicks. Download the app for Android or iOS and exchange cryptos instantly at the best price.

You can buy the EURØP token on centralized cryptocurrency exchanges and payment platforms where it is listed. It is accessible to both retail users and institutional partners through minting and redemption mechanisms, with zero fees for fiat on- and off-ramps. For businesses, EURØP can be converted via Schuman Financial’s dedicated minting platform after qualification as a business client.

EURØP addresses the need for a euro-denominated stablecoin that is secure, transparent, and fully regulated under the EU's MiCA framework. It provides European users with a native digital euro payment and settlement alternative to US dollar-based stablecoins, eliminating foreign exchange risk and conversion fees. This supports on-chain financial services such as DeFi, payments, on-chain FX, lending, and borrowing, while offering stability pegged 1:1 to the euro during market volatility.

The available documents do not provide information about whether EURØP is open-source or if its code can be publicly reviewed.

EURØP tokens are generated through an issuance process by Schuman Financial, a licensed electronic money institution regulated by the French ACPR. Each EURØP token is 100% backed by euros held in segregated accounts with major European banks or invested in safe, liquid financial instruments. Issuance occurs on proof-of-stake blockchains to ensure low energy consumption, and tokens can be minted by qualified institutional holders via platform accounts or by physical persons submitting a request through the issuer's website, subject to KYC and AML checks.

EURØP is issued on proof-of-stake blockchains, which are known for low energy consumption and high efficiency. Its native integration on the XRP Ledger (XRPL), a Layer 1 blockchain that has processed over 3.3 billion transactions and supports over six million active wallets with a network of over 200 validators, ensures near-instant and cost-efficient transfers. This infrastructure offers excellent transaction speed and scalability, making EURØP suitable for various use cases including DeFi, payments, and on-chain financial services.

EURØP uses proof-of-stake blockchain technology, which is recognized for low energy consumption compared to traditional proof-of-work blockchains. This environmental advantage aligns EURØP with sustainability considerations, making it an energy-efficient stablecoin option in compliance with European regulations.

EURØP is issued by Schuman Financial, a licensed electronic money institution (EMI) regulated by the French banking regulator ACPR (Autorité de contrôle prudentiel et de résolution). The governance model ensures strong regulatory compliance under the EU’s Markets in Crypto-Assets (MiCA) framework, incorporating robust risk management controls over operational, financial, AML, and legal risks. Issuance and redemption processes are subject to KYC and AML verifications, providing a transparent and secure governance structure overseen by European financial authorities.

EURØP’s long-term vision is to bring the euro back to the forefront of on-chain financial services in Europe by providing a fully regulated, transparent, and stable euro-denominated digital asset. It aims to empower users and institutions with a compliant euro payment infrastructure capable of supporting DeFi, tokenized real-world assets, business-to-business and consumer payment flows, and more. By operating on institutional-grade blockchains like the XRP Ledger, EURØP is designed to be the core euro-native settlement asset for the evolving European digital finance ecosystem.