Wirex Pay and Schuman Financial Join Forces to Bolster EURØP Stablecoin Access and Liquidity
In a significant development for the European digital finance landscape, Wirex Pay has officially teamed up with Schuman Financial to improve the accessibility and liquidity of EURØP, a euro-backed stablecoin designed to facilitate secure and transparent digital transactions. This strategic partnership was announced on July 7, 2025, and is expected to revolutionize how millions of users can interact with digital currencies across Europe.
The collaboration positions Wirex as a frontrunner in digital asset infrastructure within Europe, allowing users to engage in euro-denominated payments seamlessly through the Wirex App. With the integration of EURØP, customers can easily buy, hold, and spend this stablecoin alongside traditional fiat currencies and cryptocurrencies. This initiative aims to offer robust financial solutions to users while ensuring compliance with regulatory frameworks through its adherence to MiCA standards.
EURØP is issued by a French-licensed institution and regulated by the ACPR (Banque de France), affirming its status as a fully redeemable option for daily transactions and digital commerce that prioritizes transparency and trust. The alliance will also facilitate the streamlined minting and redemption processes of EURØP, integrating directly with Schuman Financial’s infrastructure. This enhancement is set to boost the liquidity of EURØP, making it more accessible for both retail users and institutional partners, thereby broadening its applicability for treasury operations and payment methods.
Unlike USD stablecoins that have dominated the global digital economy and pose various risks such as foreign exchange fluctuations and regulatory complexities for European users, EURØP provides a solution tailored specifically to the needs of the European market. By introducing a euro-native stablecoin, this partnership mitigates existing risks and offers a more familiar, reliable medium of exchange for users.
Pavel Matveev, Co-Founder of Wirex, expressed enthusiasm about this collaboration, stating, "Our partnership with Schuman Financial aligns perfectly with our mission to bridge the gap between traditional finance and blockchain-based assets. Expanding access to a reliable, euro-backed stablecoin like EURØP meets the needs of both businesses and consumers effectively."
Daniel Rowlands, the General Manager of Wirex Pay, underscored the importance of this collaboration by labeling it a significant milestone. He stated, "Enabling direct minting and redemption of EURØP enhances our liquidity offering and opens the door to innovative new use cases and faster, more cost-effective transactions."
Martin Bruncko, Founder and CEO of Schuman Financial, added insight into the partnership, emphasizing the initiative's aim to establish infrastructure for a sovereign and euro-denominated digital economy. With a compliance-centric approach ingrained in the design of EURØP, this partnership is set to provide European users with a trustworthy stablecoin while unlocking various real-world use cases across the continent’s financial realm.
About Wirex Pay:
Wirex Pay operates at the forefront of stablecoin payment platforms, combining blockchain innovation with real-world applicability. Utilizing Zero Knowledge (ZK) technology, Wirex Pay prioritizes privacy, scalability, and efficiency in global payment transactions. The platform enables users to seamlessly spend their stablecoins through non-custodial Visa cards across a network of over 80 million merchants worldwide.
About Schuman Financial:
Schuman Financial stands as a leader in providing technological solutions and infrastructure for European stablecoin-based finance, focusing on bringing euro-denominated financial services on-chain. With its flagship product, EURØP, being issued by a French-regulated institution and safeguarded by leading European banks, Schuman sets a high standard for compliance and reliability in the digital finance space. As this partnership progresses, both companies anticipate paving the way for a more integrated and user-friendly digital finance era in Europe, fostering a trusted environment for users to conduct their transactions confidently.
The collaboration positions Wirex as a frontrunner in digital asset infrastructure within Europe, allowing users to engage in euro-denominated payments seamlessly through the Wirex App. With the integration of EURØP, customers can easily buy, hold, and spend this stablecoin alongside traditional fiat currencies and cryptocurrencies. This initiative aims to offer robust financial solutions to users while ensuring compliance with regulatory frameworks through its adherence to MiCA standards.
EURØP is issued by a French-licensed institution and regulated by the ACPR (Banque de France), affirming its status as a fully redeemable option for daily transactions and digital commerce that prioritizes transparency and trust. The alliance will also facilitate the streamlined minting and redemption processes of EURØP, integrating directly with Schuman Financial’s infrastructure. This enhancement is set to boost the liquidity of EURØP, making it more accessible for both retail users and institutional partners, thereby broadening its applicability for treasury operations and payment methods.
Unlike USD stablecoins that have dominated the global digital economy and pose various risks such as foreign exchange fluctuations and regulatory complexities for European users, EURØP provides a solution tailored specifically to the needs of the European market. By introducing a euro-native stablecoin, this partnership mitigates existing risks and offers a more familiar, reliable medium of exchange for users.
Pavel Matveev, Co-Founder of Wirex, expressed enthusiasm about this collaboration, stating, "Our partnership with Schuman Financial aligns perfectly with our mission to bridge the gap between traditional finance and blockchain-based assets. Expanding access to a reliable, euro-backed stablecoin like EURØP meets the needs of both businesses and consumers effectively."
Daniel Rowlands, the General Manager of Wirex Pay, underscored the importance of this collaboration by labeling it a significant milestone. He stated, "Enabling direct minting and redemption of EURØP enhances our liquidity offering and opens the door to innovative new use cases and faster, more cost-effective transactions."
Martin Bruncko, Founder and CEO of Schuman Financial, added insight into the partnership, emphasizing the initiative's aim to establish infrastructure for a sovereign and euro-denominated digital economy. With a compliance-centric approach ingrained in the design of EURØP, this partnership is set to provide European users with a trustworthy stablecoin while unlocking various real-world use cases across the continent’s financial realm.
About Wirex Pay:
Wirex Pay operates at the forefront of stablecoin payment platforms, combining blockchain innovation with real-world applicability. Utilizing Zero Knowledge (ZK) technology, Wirex Pay prioritizes privacy, scalability, and efficiency in global payment transactions. The platform enables users to seamlessly spend their stablecoins through non-custodial Visa cards across a network of over 80 million merchants worldwide.
About Schuman Financial:
Schuman Financial stands as a leader in providing technological solutions and infrastructure for European stablecoin-based finance, focusing on bringing euro-denominated financial services on-chain. With its flagship product, EURØP, being issued by a French-regulated institution and safeguarded by leading European banks, Schuman sets a high standard for compliance and reliability in the digital finance space. As this partnership progresses, both companies anticipate paving the way for a more integrated and user-friendly digital finance era in Europe, fostering a trusted environment for users to conduct their transactions confidently.
Topics Financial Services & Investing）
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