💶🚀 Schuman Financial
A new cryptocurrency firm led by former Binance execs Martin Bruncko and Eduardo Morrison, has launched a euro-backed stablecoin, EURØP. 🌍💰
💡 What is EURØP?
Fully backed, 1:1 euro-pegged stablecoin.
Use cases: 💳 Digital payments, 🌐 on-chain forex, 🏗 tokenized assets.
Initially on Ethereum & Polygon, expanding to major European crypto exchanges soon. 🔗
⚠️ Global but Restricted
EURØP targets global users but blocks 107 “high-risk” jurisdictions 🌍❌ like Iran, North Korea, and Turkey, per FATF & EU evaluations.
📜 Regulated and Compliant
Compliance with MiCA was achieved via its French subsidiary Salvus SAS, holding an e-money token license. 🇫🇷✅
🏦 Building a Regulated Ecosystem
Integrated with SEPA and partnered with global banks like Société G 0 reply
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