Deep Tide TechFlow News, on November 26, according to The Block, Schuman Financial announced the launch of the MiCA-compliant euro stablecoin EURØP.

The project previously completed a $7.36 million seed round funding, led by RockawayX, Kraken Ventures, and Nexo Ventures. Schuman Financial CEO Martin Bruncko stated that as financial services gradually move on-chain, the role of the euro in the digital asset space will continue to grow, and the demand for stablecoin payments is rapidly increasing.