Schuman Financial Introduces MiCA- Compliant Euro Stablecoin on XRPL

Schuman Financial has launched EURØP, a fully redeemable euro-backed stablecoin compliant with the European Markets Infrastructure Regulation (MiCA). This new stablecoin is issued by Schuman Financial, a licensed electronic money token (EMT) issuer regulated by France’s ACPR, the supervisory arm of the French Central Bank. EURØP’s reserves are audited by KPMG and held in top-tier financial institutions including Société Générale.