Wirex Pay partners with Schuman Financial to offer European consumers the ability to buy, hold, and spend EURØP, a euro-backed stablecoin.
EURØP is now integrated into the Wirex App, allowing users to transact with the Euro-denominated stablecoin alongside traditional fiat currencies and cryptocurrencies.
EURØP is issued by a French-licensed institution and regulated by the ACPR, providing a transparent and redeemable euro-denominated option for daily transactions and digital commerce.
The collaboration enhances Wirex's position in the digital asset infrastructure space and aims to provide European users with a euro-native solution that addresses foreign exchange risks and regulatory complexities.