PARIS, July 7, 2025 — Wirex Pay, a prominent provider of Web3 payment solutions, today announced a strategic collaboration with Schuman Financial, the issuer of EURØP, a euro-backed stablecoin engineered for secure, transparent, and compliant digital transactions.
This collaboration reinforces Wirex’s standing as a leader in digital asset infrastructure within Europe and makes euro-denominated payments available to millions of users across its ecosystem.
As part of this alliance, EURØP is now accessible through the Wirex App. European users can effortlessly purchase, hold, and spend the fully MiCA-compliant stablecoin alongside conventional fiat currencies and cryptocurrencies.
Issued by a French-licensed institution and regulated by the ACPR (Banque de France), EURØP offers a transparent, fully redeemable euro-pegged option for daily financial activities and digital commerce, ensuring both ease of access and reliability.
Wirex Pay is directly integrating with Schuman Financial’s mint and redeem infrastructure, enabling streamlined issuance and redemption processes. This development enhances EURØP’s liquidity and simplifies access for individual users and institutional partners, facilitating broader utilization of the stablecoin for payment and treasury operations.
While USD stablecoins have long dominated the digital economy, they expose European users to foreign exchange risks, monetary policy inconsistencies, and complex regulatory frameworks. EURØP directly addresses these challenges, offering a euro-native solution tailored to the specific needs of the European market.
Pavel Matveev, Co-Founder of Wirex, commented:
“Our partnership with Schuman Financial aligns perfectly with our mission to bridge the divide between traditional finance and blockchain-based assets. By introducing EURØP to our global user base, we are expanding access to a dependable, euro-backed stablecoin that fulfills the requirements of both businesses and consumers.”
Daniel Rowlands, General Manager of Wirex Pay, added:
“This collaboration marks a significant milestone as we endeavor to construct a robust, multi-chain payment infrastructure. Enabling direct minting and redemption of EURØP enhances our liquidity offering and opens doors to innovative new applications and more rapid, cost-effective transactions.”
Martin Bruncko, Founder & CEO of Schuman Financial, says:
“The partnership with Wirex is focused on building the foundational rails for a sovereign and euro-denominated digital economy. We engineered EURØP with a compliance-first approach, and we are enthusiastic about providing Europeans with a trusted euro stablecoin. With Wirex Pay, we are unlocking practical applications for millions of users and taking a major stride towards positioning Europe at the forefront of digital finance.
Notes to editors:
About Wirex Pay
Wirex Pay is a pioneering stablecoin payment platform that connects blockchain innovation with real-world utility. Built on Zero Knowledge (ZK) technology, Wirex Pay delivers unmatched privacy, scalability, and efficiency, redefining how stablecoins are employed for global payments. At the core of Wirex Pay is its capacity to issue non-custodial Visa cards, empowering users to spend their stablecoins seamlessly at over 80 million merchants in more than 200 countries wherever Visa is accepted. By combining the reliability of Visa’s global payment network with blockchain innovation, Wirex Pay ensures users can transact with confidence and convenience.
About Schuman Financial
Schuman Financial is a leading provider of technologies, infrastructure, and solutions for European stablecoin-based finance. We are bringing European and euro-denominated financial services onto the blockchain, including in payments, FX trading, and investment management. Schuman’s core product is EURØP, a euro-denominated stablecoin issued by our French-regulated company with an Electronic Money Institution (EMI) license and custodied by major European banks, such as Societe Generale, and regularly audited by KPMG.
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SOURCE Wirex Pay