Schuman EUROP (EUROP)

Stablecoin #107 Fiat-backed EUR peg

Schuman EUROP (EUROP) is a fiat-backed euro stablecoin. It has about $19.2M in circulation, ranking #107 among the stablecoins CoinScoop tracks, and runs on 4 blockchains.

· Data reviewed by Marcus Feld · Methodology
EUROP price
€0.9992
On peg
Circulating supply
$19.2M
17.2M EUR tokens
30-day change
+7.2%
7d -6.6% · 24h -8.84%
Price
€0.9992
On peg
Blockchains
4
Most on Ethereum
Tracked since
Mar 2025
Peak $22.4M (Aug 2026)

What is EUROP?

Schuman EUROP (EUROP) is a fiat-backed euro stablecoin. It has about $19.2M in circulation, ranking #107 among the stablecoins CoinScoop tracks, and runs on 4 blockchains.

In the issuer's words: EURØP is a secure, transparent, and MiCA-compliant euro-denominated stablecoin, redeemable 1:1 for the euro.

EUROP supply history

$23.0M$0
Oct 8, 2025Oct 8, 2026
$23.0M$0
Mar 24, 2025Oct 8, 2026

EUROP supply grew 7.2% over the past 30 days, to $19.2M. Its peak was $22.4M in August 2026, and supply is 14% below that high.

Is EUROP holding its peg?

Last price
€0.9992
Target
1.0000 EUR
Status
On peg

EUROP is trading within 0.5% of its target, which is normal for a healthy stablecoin.

Where EUROP lives: supply by blockchain

  1. Ethereum$9.8M58.6%
  2. Solana$5.9M35.2%
  3. Avalanche$613K3.7%
  4. XRPL$408K2.5%

EUROP is spread across several networks. The largest, Ethereum, holds 59% of supply. Check that the token on your chain is the issuer's official contract, not a bridged copy.

How EUROP is backed

Each EUROP is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.

Minting and redemption: EURØP is issued by a licensed stablecoin issuer and regulated by the French banking authority ACPR. Each EURØP is 100% backed by euros, with reserves held in government-supervised EU banks such as Société Générale.

Reserve reports and audits: skynet.certik.com

EUROP risks

Issuer and custody

Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.

Freezes and blacklists

Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.

Small and thinly traded

With $19.2M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.

Bridged versions

Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.

Regulation

Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.

EUROP vs USDT and USDC

EUROPUSDTUSDC
Supply$19.2M$184B$74.28B
30-day change+7.2%+0.5%-0.3%
TypeFiat-backedFiat-backedFiat-backed
Issuer—TetherCircle
Pays yield—NoNo
Blockchains45397
Peg statusOn pegOn pegOn peg

EUROP FAQ

What is EUROP?

Schuman EUROP (EUROP) is a fiat-backed euro stablecoin. It has about $19.2M in circulation, ranking #107 among the stablecoins CoinScoop tracks, and runs on 4 blockchains.

Is EUROP pegged 1:1 to the euro?

EUROP targets 1 EUR. At the last update it traded at €0.9992, a deviation of -0.08%, which we classify as "on peg".

What backs EUROP?

EUROP is a fiat-backed stablecoin. Each EUROP is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.

Which blockchains is EUROP on?

EUROP is live on 4 blockchains. The largest by supply are Ethereum ($9.8M), Solana ($5.9M), Avalanche ($613K).

How much EUROP is in circulation?

About $19.2M of EUROP was in circulation at the last update, +7.2% over 30 days. That makes it the #107 stablecoin by supply among those we track.

Is EUROP safe?

No stablecoin is risk-free. As a fiat-backed design, EUROP's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. Its supply is small, so liquidity can be thin. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.

Sources: supply, chain balances and price from DefiLlama, refreshed twice daily. Issuer and backing notes are checked by CoinScoop editors. . This page is information, not investment advice.