Foresight News reports, according to The Block, that Schuman Financial has launched the euro stablecoin EURØP in compliance with MiCA standards. EURØP will initially be launched on the Ethereum and Polygon blockchains, with plans for more chain integrations and DeFi protocol collaborations in the coming months.
Schuman Financial completed a $7.36 million seed funding round in September, led by RockawayX, with participation from Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund, and Bankless Ventures.
