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Sector

Fintech

Localization

Switzerland

Number of employees

11-50

Creation date

2023

Description

Schuman Financial’s main activity is the issuance of euro stablecoins, notably EURØP, a stablecoin backed by the euro and designed to enable on-chain (blockchain) transactions in euros. Schuman Financial acts as an electronic money institution, regulated in France and compliant with European MiCA regulations.

The flagship product offered is EURØP, a euro stablecoin (e-money token) 100% backed by euro reserves held with major European financial institutions, and audited quarterly by KPMG. This stablecoin is intended to facilitate instant and low-cost payments, transfers, and settlements on the blockchain, while offering high transparency and regulatory compliance.

Schuman Financial’s target market includes:

  • Businesses wishing to convert euros into stablecoins for on-chain uses (payments, settlements, treasury, etc.)
  • Exchanges, digital wallets, and decentralized finance (DeFi) players seeking a stable and regulated euro solution
  • Individual users via partners (exchanges, wallets) for euro transactions on the blockchain

Schuman Financial aims to become the leading infrastructure for euro tokenization and the transition from traditional finance to decentralized finance in Europe.