Wirex Pay, a stablecoin payment platform, is teaming up with Schuman Financial, the issuer of EURØP, a euro-backed stablecoin, to offer European consumers the option to buy, hold and spend the digital currency.
As part of the partnership, EURØP is now available within the Wirex App, enabling European users to transact using the Euro-denominated MiCA-compliant stablecoin alongside traditional fiat currencies and cryptocurrencies.
The collaboration strengthens Wirex’s position as a digital asset infrastructure leader in Europe and introduces euro-denominated payments to millions of users across its ecosystem.
Issued by a French-licensed institution and regulated by the ACPR (Banque de France), EURØP offers a transparent, fully redeemable euro-denominated option for daily transactions and digital commerce, ensuring both accessibility and trust.
Daniel Rowlands, general manager of Wirex Pay, added: “This collaboration is a key milestone as we work to build a robust, multi-chain payment infrastructure. 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.”
While USD stablecoins have long dominated the digital economy, they expose European users to foreign exchange risks, monetary policy misalignment, and regulatory complexity. EURØP looks to address these challenges head-on, offering a euro-native solution tailored to the needs of the European market.
“Putting Europe at the forefront of digital finance”
Wirex Pay is integrating directly with Schuman Financial’s mint and redeem infrastructure, allowing for streamlined issuance and redemption processes. This development enhances EURØP’s liquidity and simplifies access for retail users and institutional partners, enabling the stablecoin to be utilised more broadly for payment and treasury operations.
“Our partnership with Schuman Financial aligns perfectly with our mission to bridge the gap between traditional finance and blockchain-based assets,” explained Pavel Matveev, co-founder of Wirex. “By listing EURØP to our global user base, we’re expanding access to a reliable, euro-backed stablecoin that meets the needs of businesses and consumers alike.”
Martin Bruncko, founder and CEO of Schuman Financial, also commented: “The partnership with Wirex is about building the rails for a sovereign and euro-denominated digital economy. We designed EURØP with a compliance-first approach, and we’re excited to provide Europeans with a trusted euro stablecoin. With Wirex Pay, we’re unlocking real-world use cases for millions of users and taking a major step toward putting Europe at the forefront of digital finance.”
