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Schuman Financial

Schuman Financial

Schuman Financial is the issuer of EURØP, a MiCA-compliant, euro-backed stablecoin. Their mission is to lead the decentralization of European finance by providing infrastructure to transform financial services. EURØP is pegged 1:1 to the euro, fully backed by cash and cash equivalents, and designed for global users to transact on-chain, avoiding risks and fees associated with USD-based alternatives.
Paris, FR

Description

Schuman Financial is the issuer of EURØP, a regulated, MiCA-compliant, and fully-backed euro stablecoin. Operating as the trading name for Salvus SAS, a French-licensed electronic money institution regulated by the ACPR and a subsidiary of the Swiss-based Schuman Financial AG, the company aims to lead the decentralization of European finance. Their core product, EURØP, is pegged 1:1 to the euro, with reserves held in EU banks like Société Générale and audited by KPMG. Schuman Financial provides the infrastructure to bring euro-denominated services like payments, FX trading, and investment management on-chain. They serve both crypto and traditional finance clients, including institutional and professional investors, through partnerships with platforms like the XRP Ledger and Fireblocks. Qualified clients can access minting and redemption services after completing a KYC/AML process.