Schuman Financial has launched EURØP, a euro stablecoin that complies with the Markets in Crypto-Assets (MiCA) regulations. This launch comes after the company secured $7.36 million in seed funding in September, with investments from RockawayX, Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund, and Bankless Ventures.

<p>The launch follows Schuman Financial’s $7.36 million seed funding round in September, led by RockawayX. Other backers include Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund and Bankless Ventures.</p>

Schuman Financial launches Euro stablecoin EURØP compliant with MiCA standards.