Profile
EUROP profile facts
Schuman EUROP (EUROP) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Euro.
- Collateral
- Euro cash and cash equivalents held at EU banks including Société Générale, with an additional 2% reserve fund
- Peg mechanism
- Direct 1:1 redemption through Schuman Financial
- Jurisdiction
- France / ACPR / EMI (MiCA)
- Proof of reserves
- Independent Attestation by KPMG Reserve source
- Contracts
- 6 deployments tracked across Ethereum, Polygon, Avalanche, and XRP Ledger, plus 2 more.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
EUROP quick answers
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What is Schuman EUROP (EUROP)?
EUROP is Schuman Financial's MiCA-licensed euro stablecoin, redeemable 1:1 and backed by euro cash at EU banks with an additional reserve buffer. The static profile records its Euro peg mechanism as: Direct 1:1 redemption through Schuman Financial.
Is EUROP safe?
As of Oct 25, 2026, Pharos grades EUROP B- (65/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs EUROP?
Pharos records EUROP's reserves as of Jun 30, 2026 as 68.1% Euro cash equivalents held at regulated financial institutions (instruments undisclosed) and 31.9% Euro cash held at regulated financial institutions. Reserve evidence: Independent Attestation by KPMG, latest period ending Jun 30, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can EUROP be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem EUROP?
Under the route Pharos reviewed on Mar 23, 2026, customers the issuer has verified can redeem EUROP for a single stable asset, such as cash or a stablecoin. Settlement is same-day. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
