EURØP is a euro-denominated stablecoin designed to bring the euro onto blockchain networks. Each token is fully backed 1:1 by euro cash reserves held at government-supervised EU banking institutions, including Société Générale, and the reserves are independently audited by KPMG. The asset is issued by a France-licensed stablecoin issuer and operates under the oversight of the French banking regulator ACPR, making it compliant with the European Union's MiCA regulatory framework for crypto-assets. Functioning as a multi-chain token, EURØP is deployed across several blockchain ecosystems, including Ethereum, Avalanche, Polygon, the XRP Ledger, and the Plasma network, supporting broad interoperability. Its primary use case is enabling euro-native on-chain transactions, covering decentralized finance activities such as lending, borrowing, and on-chain foreign exchange, as well as payments. By allowing users to transact in euros without exposure to USD-based stablecoins, EURØP offers an alternative for digital asset users seeking a regulated, euro-pegged instrument.
MiCA-regulated issuance and euro-native vault rails are recreating the dollar DeFi flywheel in euros; RockawayX sees the next 12 to 24 months as a race to compress the gap.
EURØP is a euro-denominated stablecoin that is secure, transparent, MiCA compliant and redeemable 1:1 for euro.
EURØP (EUROP) is categorised as: Stablecoins, EUR Stablecoin, Avalanche Ecosystem.
The official EURØP site is https://schuman.io/europ/.
Most recent EURØP coverage: "Euro Stablecoins Total €711M, 300-to-1 Behind USD Onchain" — read at /en-US/a/euro-stablecoins-total-711m-300-to-1-behind-usd-onchain.
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