A leading provider of Web3 payment solutions, today announced a strategic partnership with Schuman Financial, the issuer of EURØP, a euro-backed stablecoin designed for secure, transparent, and compliant digital transactions.
The collaboration strengthens Wirex’s position as a digital asset infrastructure leader in Europe and introduces euro-denominated payments to millions of users across its ecosystem.
As part of the partnership, EURØP is now available within the Wirex App. European users can seamlessly buy, hold, and spend the fully MiCA-compliant stablecoin alongside traditional fiat currencies and cryptocurrencies.
Issued by a French-licensed institution and regulated by the ACPR (Banque de France), EURØP offers a transparent, fully redeemable euro-denominated option for daily transactions and digital commerce, ensuring both accessibility and trust.
Wirex Pay is integrating directly with Schuman Financial’s mint and redeem infrastructure, allowing for streamlined issuance and redemption processes. This development enhances EURØP’s liquidity and simplifies access for retail users and institutional partners, enabling the stablecoin to be utilized more broadly for payment and treasury operations.
While USD stablecoins have long dominated the digital economy, they expose European users to foreign exchange risks, monetary policy misalignment, and regulatory complexity. EURØP addresses these challenges head-on, offering a euro-native solution tailored to the needs of the European market.
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