Stabolut
@stabolut
790 Following
1307 Followers
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
πΆπ Schuman Financial
A new cryptocurrency firm led by former Binance execs Martin Bruncko and Eduardo Morrison, has launched a euro-backed stablecoin, EURΓP. ππ°
π‘ What is EURΓP?
Fully backed, 1:1 euro-pegged stablecoin.
Use cases: π³ Digital payments, π on-chain forex, π tokenized assets.
Initially on Ethereum & Polygon, expanding to major European crypto exchanges soon. π
β οΈ Global but Restricted
EURΓP targets global users but blocks 107 βhigh-riskβ jurisdictions πβ like Iran, North Korea, and Turkey, per FATF & EU evaluations.
π Regulated and Compliant
Compliance with MiCA was achieved via its French subsidiary Salvus SAS, holding an e-money token license. π«π·β
π¦ Building a Regulated Ecosystem
Integrated with SEPA and partnered with global banks like SociΓ©tΓ© G 0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
2 reactions
0 reply
0 recast
2 reactions
0 reply
0 recast
2 reactions
0 reply
0 recast
2 reactions
0 reply
0 recast
1 reaction
0 reply
0 recast
4 reactions
0 reply
2 recasts
4 reactions