EURØP Price

EURØP sets itself apart from standard crypto assets and unregulated stablecoins through several institutional and regulatory safeguards:

• Strict MiCA Compliance: Legally recognized as an Electronic Money Token (EMT) under EU Regulation 2023/1114 under ACPR prudential supervision.
• Over-Collateralized Safety Buffer: Beyond its 1:1 backing, EURØP maintains an additional 2% reserve fund to absorb volatility and safeguard the peg.
• Bankruptcy-Remote Reserves: User reserves are ring-fenced and kept in segregated accounts at credit institutions such as Société Générale, protecting funds from third-party creditor claims if the issuer faces insolvency.
• Mandated Recovery and Redemption Plans: MiCA-mandated procedures guarantee an orderly redemption process if the issuer encounters distress.
• No Yield Entitlement: Token holders hold a debt claim against the issuer rather than an interest-bearing instrument, legally precluding them from receiving yield on underlying reserves.

EURØP serves as a versatile digital euro across several Web3 and financial applications:

• DeFi & Capital Efficiency: Used for decentralized lending, borrowing, and liquidity provision without taking on foreign exchange risk.
• Payments & On-Chain FX: Facilitates round-the-clock, cross-border digital payments and settlements in seconds.
• Safe Haven & Dry Powder: Provides a euro-denominated store of value during market volatility.
• SwissBorg Ecosystem Perks: Through Smart Cash, users can earn monthly BORG rewards on unlocked EURØP balances, make payments via the SwissBorg card, power Auto-Invest plans, and receive Paid to Trade cashback of up to 90% in BORG.

According to its whitepaper, EURØP promises:

• A strict 1:1 peg to the euro, backed 100% by euro cash or liquid instruments plus a 2% over-collateralized reserve fund.
• An absolute statutory right for verified holders to redeem tokens for euros at par value at any time without fees.
• Complete reserve segregation in credit institutions, ensuring funds remain bankruptcy-remote.
• Institutional security via multisignature (multisig) controls for minting and destruction, alongside compliance features to blacklist or freeze illicit addresses.
• Formally established Recovery and Redemption Plans to safeguard token holders during financial distress.

EURØP does not rely on energy-heavy mining. Instead, it is deployed across multiple high-performance public blockchains utilizing Proof of Stake (PoS) and other low-energy consensus mechanisms, including RPCA, HyperBFT, and PlasmaBFT.

EURØP was created by Schuman Financial (trading name of Salvus SAS, a subsidiary of Schuman Financial AG), an electronic money institution licensed in France. The founding team brings over 50 years of collective experience across firms like Binance, Morgan Stanley, RockawayX, Mastercard, and American Express, as well as policy institutions including the European Commission, the Eurogroup, and the World Economic Forum.

They developed EURØP to pioneer regulated digital finance infrastructure in Europe, bringing the euro back to the forefront as financial services shift on-chain, and offering a safe, fully regulated European alternative to USD-denominated stablecoins.

EURØP's whitepaper was formally notified to the French regulatory authority ACPR on August 7th, 2024 (and amended on March 23rd, 2026).

EURØP can be acquired, stored, and utilized across several platforms and use cases:

• Acquisition: Available on exchanges including SwissBorg, Kraken, Bitvavo, Bitpanda, Bit2Me, and N26.
• Ecosystem Features on SwissBorg: Users can opt into Smart Cash to earn discretionary BORG rewards on liquid balances, allocate funds toward card spending, or set up Auto-Invest plans.
• DeFi & Trading: It can be used across supported blockchains (such as Ethereum, Solana, Polygon, and Avalanche) for peer-to-peer transfers, decentralized borrowing, lending, and on-chain FX swaps.
• Redemption: Token holders who complete AML/KYC verification can redeem EURØP 1:1 for fiat euros directly with the issuer at par value without fees.

EURØP can be bought on the SwissBorg app with just a few clicks. Download the app for Android or iOS and exchange cryptos instantly at the best price.

EURØP was designed to address key pain points in digital finance:

• USD Dominance & Currency Risk: Most stablecoins are pegged to the US Dollar, exposing European investors and businesses to currency volatility and conversion fees.
• Regulatory Uncertainty: Unregulated, unaudited, or algorithmic stablecoins have historically exposed holders to peg collapse or counterparty insolvency risks.
• Traditional Banking Restrictions: Traditional euro payment rails face settlement delays outside business hours, whereas EURØP settles globally 24/7/365 in seconds.

EURØP has an uncapped, demand-driven supply. New tokens are minted strictly on a 1:1 basis following verified deposits of euro funds into segregated reserves. Minting and token destruction operations are secured through multisignature (multisig) governance controls.

EURØP achieves fast settlement times and high scalability by circulating across multiple high-throughput public networks, including Solana, Arbitrum, Polygon, Avalanche, Base, Hyperliquid, XRPL, Plasma, Tezos, Canton Network, and Ethereum. This multi-chain deployment allows users to settle transactions globally in seconds, 24 hours a day, 365 days a year.

Yes, EURØP is environmentally friendly. It avoids energy-intensive Proof-of-Work networks, operating exclusively on Proof-of-Stake (PoS) blockchains and other low-energy consensus mechanisms such as RPCA, HyperBFT, and PlasmaBFT.

EURØP operates under an institutional and regulatory governance model led by its issuer, Schuman Financial (Salvus SAS), under the prudential supervision of the French ACPR. Minting, burning, and reserve operations are safeguarded via multisignature protocols. In addition, its governance structure incorporates MiCA-mandated compliance controls—such as the technical ability to freeze tokens or blacklist addresses linked to illicit activities—as well as formal Recovery and Redemption Plans.

EURØP's long-term vision is to bring the euro to the leading edge of on-chain finance, creating a regulated and accessible infrastructure for payments, tokenized assets, on-chain FX, and European DeFi. Supported by Schuman Financial, the project strives to bridge traditional finance with Web3 while advancing financial equality and inclusiveness globally.