You move €1,000 into a euro stablecoin. A few weeks later, you want your euros back. The screen shows €996.80.
Nothing went wrong. You paid a small exchange fee each way, and the market price sat a fraction away from €1.00 when you swapped. That is normal for any market swap. But for a token whose whole job is to be worth one euro, it never felt quite right.
Now it does not have to happen. Issuer 1:1 is a new route option inside the SwissBorg app that swaps EUR and EURØP at exactly 1:1, through EURØP's issuer, Schuman Financial.
One euro in, one EURØP out. And back again, free in both directions.
SwissBorg is the first platform to offer this with EURØP. It is exactly what our Meta-Exchange was built for: finding the best way to move your money, so you never pay more than you need to.
EURØP 1:1 at a Glance
What it is: A route in our Meta-Exchange that swaps EUR and EURØP (also written EUROP) at exactly 1:1
Who handles it: Schuman Financial, the issuer of EURØP
Fees: Free, in both directions
Minimum: €5
Timing: Usually within minutes, up to 4 days in rare cases
Where: Instant Exchange in the SwissBorg app, for eligible users (not available in the UK)
First: SwissBorg is the first platform to offer 1:1 swaps between EUR and EURØP through the issuer
Why the Last Cent Matters
When you hold a euro stablecoin, you are not chasing upside. You want a euro that can move like crypto, and still be a euro when you need it.
Until now, swapping in and out meant going through the market. Most of the time the price sits close to €1.00. But close is not the same as exact, and when you move larger amounts, small gaps add up.
You should not have to watch a price chart to get your own euros back.
What Is Issuer 1:1?
There are two ways to get a stablecoin. You can buy it from other traders on the market, at whatever the price happens to be. Or you can go to the source: the company that creates the token and holds the euros behind it.
Issuer 1:1 takes you to the source. When you choose this route, your order goes straight to Schuman Financial, which creates new EURØP when you swap in and takes EURØP back when you swap out. The rate is exactly 1:1.
Instant or Issuer 1:1: You Choose
Both routes sit side by side in Instant Exchange, and the app automatically defaults to the cheapest option for you. Most of the time that is Issuer 1:1, but if the Smart Engine finds a cheaper route through Instant, it will show you that instead.
Rate: Instant uses the best available live market rate. Issuer 1:1 is exactly 1:1.
Timing: Instant takes seconds. Issuer 1:1 usually takes minutes, and up to 4 days in rare cases.
Fees: Instant carries the regular exchange fee, with cashback depending on your Loyalty Rank. Issuer 1:1 is free in both directions.
Minimum: €5 for both.
Need EURØP this second? Instant is still there. Would you rather receive exactly what you put in? Choose Issuer 1:1.
Your Three-Step Plan: How to Swap EUR and EURØP at 1:1
- Open Instant Exchange and choose EUR and EURØP. Pick EUR to EURØP to move in, or EURØP to EUR to move out.
- Select the Issuer 1:1 route. Both routes appear side by side, with the cheapest already selected. Tap the info icon for a short summary of how Issuer 1:1 works and how long it can take.
- Review and confirm. Your Preview Order shows exactly what you will receive before you commit. Confirm, then follow progress in your transaction history until the swap completes.
That is it. No price watching, no guessing.
Flexible Euros, Fixed Value
Your euros become flexible without becoming fragile. You can move from euros into EURØP and back again, knowing the swap itself is at exactly 1:1, with no fee.
In between, your EURØP does not have to sit still. Keep it in your wallet and opt in to Smart Cash for monthly BORG loyalty rewards, with no lock-up.
Allocate some to your SwissBorg Card, and it keeps counting towards Smart Cash right up until the day you spend it.
And when you want your euros back, the way out is 1:1 too.
Who Is Behind EURØP?
EURØP is a euro stablecoin issued by Schuman Financial, an electronic money institution authorised by France's ACPR. It is issued as an e-money token under MiCA, and its reserves are held in euros at Société Générale and other credit institutions.
SwissBorg is a member of the Eurøpe Consortium, alongside Schuman Financial, RockawayX, etoro and other European companies working to make the euro a first-class currency on-chain. Today, around 99% of stablecoin value is in US dollars. Making EURØP free to get into and out of, at 1:1, is a practical step towards changing that.
It is also why we were first. SwissBorg operates in the EU through BlockNodes SAS, authorised by the AMF as a crypto-asset service provider under MiCA, our Meta-Exchange connects to more than 40 venues, and you can send euros in through our multi-currency rails. Bringing EURØP 1:1 to our community is the next step in making euros work better on-chain.
A euro should always be a euro. Now it is, both ways.
Open the SwissBorg app, head to Instant Exchange and choose Issuer 1:1 for your next EURØP swap.
EURØP 1:1: Frequently Asked Questions (FAQ)
One euro gets you one EURØP, and one EURØP gets you one euro. With the Issuer 1:1 route, your swap is handled through the issuer, Schuman Financial, at par value instead of at the live market price.
In the SwissBorg app, open Instant Exchange, choose EURØP to EUR and select the Issuer 1:1 route. SwissBorg sends your order to the issuer, Schuman Financial, which takes back the EURØP and returns euros at exactly 1:1, free of charge.
No. Issuer 1:1 swaps between EUR and EURØP are free in both directions. Instant swaps are standard SwissBorg exchanges, so the regular exchange fee applies, with cashback depending on your Loyalty Rank. Your Preview Order shows exactly what you will receive before you confirm.
Usually within minutes. The issuer completes each conversion itself, so in rare cases it can take up to 4 days. You can follow progress in your transaction history at any time. If you need EURØP straight away, the Instant route completes in seconds at the market rate.
Instant Exchange selects the cheapest option for you. Most of the time that is Issuer 1:1, but the Smart Engine may occasionally find a cheaper route through Instant. You can always switch routes before you preview your order.
€5, the same as Instant Exchange.
Issuer 1:1 is available in the SwissBorg app for eligible users. It is not available to users in the UK.
Yes. EURØP is an e-money token issued under MiCA by Schuman Financial, an electronic money institution authorised by France's ACPR. Its reserves are held in euros at Société Générale and other credit institutions.
Yes. Stablecoins aim to hold a stable value, but the market price can move away from €1.00, for example in extreme market conditions or if confidence in the issuer changes. Issuer 1:1 lets you swap at 1:1 through the issuer, but it does not remove the risks of holding a crypto-asset.
EURØP lets your euros move on-chain, any day of the year, and works across features in the SwissBorg app, including the SwissBorg Card and Smart Cash. With Issuer 1:1, moving between euros and EURØP no longer costs you anything.
Growing Wealth Together.
Engineered in Switzerland. Licensed in Europe.
This is a crypto-asset marketing communication. Crypto-assets are highly volatile, may not be suitable for retail investors and the entire amount invested may be lost. It is important to read and understand the risks of this investment, which are explained in the List of Risks page.
BORG rewards under the Smart Cash programme are a discretionary, promotional loyalty incentive. They do not constitute interest, yield, or any other form of remuneration linked to the holding of EURØP. This is a promotional campaign, which SwissBorg may amend, suspend, or discontinue at any time.
Continue the conversation:
Date modified:
