Introduction: Strengthening the Euro’s Digital Future
In a major step toward the evolution of euro-backed digital currencies, Wirex Pay, the decentralized payment infrastructure developed by fintech innovator Wirex, has entered into a strategic partnership with Schuman Financial, a leading European digital asset liquidity provider. Together, they aim to scale the adoption and integration of EURØP, a fully-backed, euro-pegged stablecoin that’s gaining traction in decentralized finance (DeFi), e-commerce, and cross-border settlements.
The partnership is expected to significantly boost liquidity provisioning, infrastructure support, and use-case expansion for EURØP across centralized and decentralized platforms.
EURØP: A Stablecoin Designed for the Eurozone and Beyond
EURØP is not just another stablecoin—it’s a purpose-built digital euro designed for practical, real-world payments in the Web3 economy. Launched by Wirex in response to growing demand for regulated, fiat-backed assets in crypto, EURØP offers:
- 100% Euro Reserves: Fully backed and regularly audited, providing transparency and trust.
- Multichain Compatibility: Available across Ethereum, BNB Chain, Polygon, and more.
- MiCA-Ready Compliance: Developed to align with the EU’s evolving regulatory frameworks.
By enabling fast, low-cost transactions and reducing volatility risk, EURØP is positioned to serve merchants, users, and developers across Europe and beyond.
“EURØP was built to offer the security and stability of traditional finance with the flexibility and speed of blockchain,” said Pavel Matveev, CEO of Wirex. “Our alliance with Schuman Financial is a crucial next step in bringing this vision to life.”
Schuman Financial: Providing the Liquidity Backbone
As part of the partnership, Schuman Financial will serve as a key liquidity provider and market maker for EURØP. The firm’s responsibilities will include:
- Establishing deep liquidity pools on major decentralized exchanges (DEXs)
- Facilitating market entry across centralized exchanges (CEXs)
- Supporting cross-border payment channels
- Enabling B2B integrations and enterprise adoption of EURØP
Schuman’s involvement is expected to bring robust liquidity and institutional credibility, enabling seamless user experiences across a growing ecosystem of wallets, platforms, and marketplaces.
“We believe stablecoins like EURØP will play a transformative role in the digital economy,” said a spokesperson from Schuman Financial. “By collaborating with Wirex Pay, we are helping build the infrastructure required for reliable euro-backed settlements across Web3.”
Why This Partnership Matters: Bridging Traditional and Decentralized Finance
This collaboration marks a major step toward integrating traditional financial systems with decentralized technology. By combining Wirex Pay’s blockchain infrastructure with Schuman Financial’s financial market expertise, the alliance offers:
- Enhanced stability for digital commerce across the EU
- New DeFi use cases for euro-based stable assets
- Improved user trust and transparency through institutional-grade oversight
- Accelerated euro-pegged token adoption in crypto-native and traditional markets
The joint initiative also positions EURØP as a potential standard for euro-denominated smart contracts, payroll systems, remittances, and on-chain commerce.
Looking Ahead: A Euro Stablecoin for the Global Economy
The Wirex-Schuman partnership is more than a product collaboration—it’s a signal that stablecoins are evolving into essential infrastructure for the digital financial system. As regulators worldwide push for greater clarity and control over digital assets, EURØP’s compliant-by-design framework and trusted backing make it a future-ready solution.
In the coming months, both companies plan to roll out broader support for EURØP across Europe and expand into international markets where euro-denominated digital settlements are in demand.
About Wirex Pay
Wirex Pay is the decentralized payment protocol developed by Wirex, a global leader in digital payments and cryptocurrency solutions. Wirex Pay aims to provide a seamless and scalable infrastructure for Web3 transactions, enabling developers, businesses, and users to interact with crypto payments in real time.
About Schuman Financial
Schuman Financial is a European fintech company specializing in digital asset liquidity, structured finance, and institutional-grade trading strategies. The firm focuses on creating efficient bridges between fiat markets and decentralized finance through compliant, innovative financial products.