EUROP (EUROP) is a EUR-denominated stablecoin tracked by eurostablecoins.xyz. Issuer: Schuman. This page shows circulating supply, chain distribution across 6 configured chains, peg data, holder metrics, mint/burn history, transfer activity, and issuer/context data where available. Currently approximately €7.65M circulating.

Market/Assets/EUROP
§ Asset · EUROP

EUROP

EUROP

EUROP is a EUR-denominated stablecoin tracked across all chains where the issuer publishes a canonical contract address.

MiCA / EMT contextIssuer document
Supply · EUR
€7.6MTotal = circulating
Period change
+2.8%vs prior 1M
Chains
6Tracked deployments
Holders
440As of 22 Apr
Last refresh
3h agoSnapshot 14 May
§ Supply by chain · 1M
Ethereum
Plasma
Avalanche
XRP Ledger
Polygon
Solana
Latest snapshot 14 May · refreshed daily
§ By chain · canonical
Ethereum€3.91M51.1%
Plasma€2.36M30.9%
Avalanche€673.9K8.8%
XRP Ledger€416.4K5.4%
Polygon€282.2K3.7%
Solana€100.0%
§ Supply breakdown

By chain · canonical contracts

Ethereum€3,910,756.34
51.1%
Plasma€2,364,564.41
30.9%
Avalanche€673,866.36
8.8%
XRP Ledger€416,434.54
5.4%
Polygon€282,245.21
3.7%
Solana€10.49
0.0%
Total supply€7,647,877.35
§ Fact sheet

Issuer & reserve

IssuerSchuman Financial (Salvus SAS)
JurisdictionFrance (ACPR)
MiCA StatusLicensed electronic money institution / EUROP EMT issuer
Backing1:1 EUR reserves at Société Générale and Banking Circle
AuditorKPMG (Quarterly attestations)
ChainsEthereum, Polygon, Plasma, Avalanche, XRP Ledger, Solana
Websiteschuman.io
Reserve Reportsschuman.io/reserve-audits
§ Sources & limitations
Limitations · eurostablecoins.xyz does not assert MiCA compliance for any issuer. Source labels reflect public documents at the time of last review; they describe the provenance of the data shown, not the asset itself.
Methodology · Peg metrics require an independent market price source. Redemption promises are not ingested as peg prices. See methodology.
§ Activity

Mint / burn flow and peer transfer volume

Transfer volume · 1M€3.0M
9,780 transactions · includes mints, burns, transfers
Cumulative volume · 12 months€195.3M
Rolling 12-month total across all chains
§ Transfer volume
Data through 13 May · updated daily
§ Mint / burn
Minted
Burned
Data through 13 May
§ Reference · EURØP

EURØP: supply, issuer and chain data

Track EURØP supply, chain distribution, peg data, issuer context, reserve disclosures and source quality for Salvus SAS’s euro-denominated stablecoin. Each row in the key-facts table below carries an explicit source class so readers can see what kind of source backs each fact, with the ESMA EMT register and ACPR REGAFI cited directly where they apply.

See also euro stablecoin directory · MiCA and EMT context · data coverage · source classes · writing rules · API documentation.

Methodology note

EURØP is shown using the same source-class and data-coverage methodology as other tracked euro stablecoins. Issuer-published Schuman / Salvus materials are treated as issuer-document facts unless independently supported by regulator / register or market-data sources.

Key facts

Field-level summary. The source class describes the kind of source backing each row (see source classes). Live values come from the latest tracked snapshot (14 May).

FieldValueSource classSource / basis
SymbolEUROP (issuer stylisation: EURØP)Market-data observedRegistry; Schuman EUROP product page (I1)
Asset nameEURØPIssuer-document factSchuman EUROP product page (I1)
Issuer (legal entity)Salvus SASRegulator-sourced factACPR REGAFI register (R2); thebanks.eu REGAFI mirror (R4). Also disclosed on the issuer privacy policy (I2).
Trading / platform nameSchuman FinancialIssuer-document factSchuman privacy policy (I2): "Schuman Financial is the trading name of Salvus SAS".
JurisdictionFranceRegulator-sourced factACPR REGAFI register (R2); ESMA EMT register (R1).
Registered office9 rue du Quatre-Septembre, 75002 Paris, FranceRegulator-sourced factESMA EMT register (R1); issuer privacy policy (I2).
SIREN / RCS920 017 134 R.C.S. ParisIssuer-document factSchuman privacy policy (I2).
LEI969500SGAEBRXYUAJ739Regulator-sourced factESMA EMT register (R1).
RegulatorACPR (Autorité de contrôle prudentiel et de résolution), Banque de FranceIssuer-document factIssuer privacy policy (I2); EUROP product page (I1).
ACPR EMI authorisationReference 739803, granted 21 November 2024Regulator-sourced factACPR REGAFI register search (R2); thebanks.eu REGAFI mirror (R4). REGAFI returns session-bound results; verify by searching "Salvus" at the register entry point.
Authorised servicesIssuance, distribution and redemption of electronic moneyRegulator-sourced factREGAFI (R2/R4).
EEA passportingPassported across all 30 EEA statesRegulator-sourced factREGAFI (R2/R4).
EMI ≠ Credit InstitutionSalvus SAS is not a credit institution; not covered by deposit-guarantee schemesRegulator-sourced factEMI regime; REGAFI (R2/R4).
MiCA token typeElectronic money token — listed in the ESMA EMT registerRegulator-sourced factESMA EMT register (R1). The issuer’s EUROP MiCA white paper (I4) is the underlying issuer-document source.
ESMA white-paper notification22 November 2024 (per ESMA EMT register)Regulator-sourced factESMA EMT register (R1). The issuer product page (I1) records an earlier date of 7 August 2024 for notification to the ACPR; both dates are cited verbatim and not reconciled on this page.
Backing model (issuer-stated)1:1 EUR cash and cash equivalents; redeemable at face valueIssuer-document factSchuman product page (I1); reserve audits page (I3); white paper (I4); "What is EURØP" blog (I6).
Reserve banks (issuer-named on product page)Société Générale named directly on the EUROP product pageIssuer-document factSchuman EUROP product page (I1).
Reserve auditorKPMG · quarterly attestationsIssuer-document factSchuman reserve audits page (I3); corroborated by Ripple press (P2).
Attestation scopeAttestation on the number of EUROP tokens outstanding versus reserves at the period endIssuer-document factQuarterly attestation report titles (I10–I14).
Attestation reports publishedQ1 2025 through Q1 2026 (five reports as PDFs on schuman.io)Issuer-document factSchuman reserve audits page (I3); files I10–I14.
Redemption right (issuer-stated)Issuer states EURØP holders are entitled to redeem at face valueIssuer-document fact"What is EURØP" blog (I6).
Redemption mechanics (process / fees / minimums / timing)Not described — no canonical issuer redemption-policy URL in the current source setNo public source foundSee "Redemption / terms source coverage" below.
Terms of service URLNot in the current source setNo public source foundSee "Redemption / terms source coverage" below.
Tracked chains6 tracked deployments (see chart above)Market-data observedeurostablecoins.xyz on-chain snapshots.
Issuer-listed chain coverageIssuer materials list Ethereum, Polygon, Avalanche, with "expanding" noted; XRPL added May 2025. No issuer page itemises all tracked chains or contract addresses.Conflicting or incomplete source coverage"What is EURØP" blog (I6); XRPL integration blog (I7); Ripple press (P2).
Tracked circulating supply€7.65MMarket-data observedLive snapshot. EUROP uses a mint/burn model; total and circulating supply are equal.
Market share (tracked universe)—Market-data observedCirculating supply ÷ combined circulating supply of all tracked EUR stablecoins.
Period change+2.8%Market-data observed1-month change in tracked supply; see methodology.
Peg data availabilityAvailable — independent public market price sourceMarket-data observedDaily EUR price series; see /data-coverage.
Holders (latest snapshot)440Market-data observedPoint-in-time snapshot; no backfilled holder history is published.
Public API access/api/v1/supply/europ, /api/v1/peg/europ, /api/v1/history/*/europ, /api/v1/holders/europMarket-data observedCORS-enabled, free; see /docs.
Commercial positioningSchuman markets EURØP as "the Modern Standard for Euro Stablecoins"Issuer-disclosed commercial claimSchuman homepage (C1); EUROP product page (I1). Shown as issuer positioning, not as independent verification.

Market data observed by eurostablecoins.xyz

Market-data observed

The live KPI strip, supply chart, chain table and activity series above are the on-page market data for EURØP. They are computed by eurostablecoins.xyz from on-chain snapshots; EURØP uses a mint/burn model, so total on-chain supply and circulating supply are equal.

Latest tracked circulating supply: €7.65M · 6 tracked chains · snapshot 14 May.

Issuer and authorisation

Regulator-sourced fact

The ACPR REGAFI register lists Salvus SAS as an Electronic Money Institution under reference 739803, granted 21 November 2024. Services as recorded in the register: issuance, distribution and redemption of electronic money. EEA passporting is in place across the 30 EEA states [R2][R4]. Salvus SAS is not a credit institution and is not covered by deposit-guarantee schemes; the EMI regime applies.

The ESMA MiCA E-Money Token register records Salvus SAS under LEI 969500SGAEBRXYUAJ739, with registered office at 9 rue du Quatre-Septembre, 75002 Paris [R1]. The issuer’s own privacy policy records the legal entity directly: “Schuman Financial is the trading name of Salvus SAS, which is the electronic money issuer” and lists 920 017 134 R.C.S. Paris [I2].

REGAFI search results are session-bound, so a stable deep-link to the Salvus row is not available. To verify directly, open www.regafi.fr and search for “Salvus”. The English ACPR entry point is at acpr.banque-france.fr.

MiCA and EMT context

EURØP is listed in the ESMA MiCA E-Money Token register with white paper notification date 22 November 2024 [R1]. The issuer’s own EUROP MiCA white paper records the EMT classification[I4]. The product page records an earlier date of 7 August 2024 for notification to the ACPR [I1]; both dates are cited verbatim and not reconciled on this page.

Shown for reference; not an independent legal opinion. eurostablecoins.xyz does not verify legal status, licensing scope or suitability. Full context for MiCA labels across the tracked universe is on the MiCA reference page.

Reserve disclosures and attestations

The issuer states that EURØP is backed 1:1 in euro cash and cash equivalents, with reserves held at regulated European financial institutions [I1][I3][I6]. The EUROP product page names Société Générale directly as a reserve bank; other counterparties are described in issuer materials but are not enumerated on the product page itself [I1].

KPMG performs quarterly attestations on the number of EURØP tokens outstanding versus reserves at the period end. Five reports are published on the issuer’s reserve-audits page, covering Q1 2025 through Q1 2026 [I3][I10][I11][I12][I13][I14].

Quarterly attestations are point-in-time and do not constitute a continuous audit. They do not opine on bank-counterparty solvency, do not assert availability of redemption at any particular moment, and are limited to the scope described in each report. Reserve composition, bank counterparties and operational conditions are disclosed by the issuer; eurostablecoins.xyz does not produce its own reserve attestation and does not assert that disclosed reserves match on-chain supply at any specific moment.

Redemption / terms source coverage

No public source found

A canonical public redemption-policy or terms URL was not available in the current source set at the time of review. eurostablecoins.xyz therefore does not describe EURØP redemption mechanics beyond what is supported by available issuer or regulator sources.

What is supported: the issuer’s public statement that EURØP holders are entitled to redeem at face value (Issuer-document fact, "What is EURØP"blog [I6]), and the REGAFI register’s record of authorised services (issuance, distribution and redemption of electronic money — Regulator- sourced fact, R2/R4). Specific redemption mechanics — process, minimums, fees, timing, supported chains for redemption, eligibility — are intentionally not described here. This limitation will be revisited when a canonical issuer URL is in the source set.

Chain coverage

Two chain lists apply to EURØP and they have a different basis. The eurostablecoins.xyz tracked chains are the chains shown in the live chain table above, with per-chain supply derived from on-chain snapshots. Currently tracked: Ethereum, Plasma, Avalanche, XRP Ledger, Polygon, Solana.

Issuer materials list EURØP as deployed on Ethereum, Polygon, Avalanche with “expanding to other blockchains continuously” noted on the "What is EURØP" blog (May 2025) [I6]; the issuer separately records XRPL integration in a Schuman blog post and a partner press release (May 2025) [I7][P2]. The issuer does not currently publish a "supported chains" or contract- address page.

The two lists describe different things — issuer materials reflect what the issuer has chosen to publicly itemise; eurostablecoins.xyz reflects the on-chain deployments the site currently snapshots — and they can differ in scope and timing.

Peg data and methodology

EURØP peg data shown on eurostablecoins.xyz reflects independent public market price sources where available. A redemption right or issuer statement is not treated as a market price feed. Rolling 7-day and 30-day deviation are computed from the daily EUR price series.

Peg coverage status for EURØP and every other tracked coin, with stale-data thresholds and known gaps, is on data coverage. The methodology behind rolling deviation is on methodology.

Historical supply and activity context

The supply chart and the mint/burn and transfer-volume series above are the historical context for this page. eurostablecoins.xyz does not annotate specific historical movements without an attributable source: supply changes can reflect minting, burning, treasury movement, chain migration, exchange- inventory changes or other on-chain activity.

EURØP API access

eurostablecoins.xyz exposes EURØP data through the public v1 API. All endpoints return JSON, are CORS-enabled and are stable under /api/v1/*. The deep-link list further down on this page is the canonical inventory; below is a narrative summary of the EURØP-specific paths:

Every endpoint returns a source field and a timestamp; cite both when reproducing values. Full contract / endpoint reference is on /docs.

Data coverage and limitations

Supply, market share, chain distribution, peg data, historical series, holders, mint/burn and transfer-volume on this page are computed by eurostablecoins.xyz from on-chain snapshots. Values refresh on cron cadence and are not real-time tick-by-tick.

Issuer identity, MiCA token type, reserve model, redemption right and chain integrations are drawn from regulator / register sources (ESMA EMT register; ACPR REGAFI) and from issuer-published documents (Schuman / Salvus website, white paper, privacy policy, reserve audits, blogs and KPMG attestation PDFs). Use-case framing on the issuer’s product and homepage surfaces is shown as issuer-disclosed commercial claim, not as independent verification.

Specific cross-source gaps on this page: there is no canonical issuer redemption-policy or terms URL in the current source set, so redemption mechanics are not described; the issuer-listed chain set is narrower than the tracked chain set; the white-paper notification date differs between the ESMA register (22 November 2024) and the issuer product page (7 August 2024) and both are cited verbatim.

The six source classes used across the site are defined on /about#source-classes with the writing rules at /about#writing-rules. Per-metric coverage status is on /data-coverage; MiCA labels across the tracked universe are on /mica-stablecoins; endpoint documentation is on /docs.

§ Latest EURØP news · source-linked

Latest EURØP news

View all euro stablecoin news ->

Source-linked updates only. No article republishing.

EURØP FAQ

What is EURØP?
EURØP is a euro-denominated electronic money token issued by Salvus SAS, trading as Schuman Financial. Salvus SAS is authorised as an Electronic Money Institution by the ACPR with EMI reference 739803. eurostablecoins.xyz tracks EURØP supply, chain distribution, peg data and activity using its standard methodology.
Who issues EURØP?
Salvus SAS, trading as Schuman Financial. Registered as 920 017 134 R.C.S. Paris, with registered office at 9 rue du Quatre-Septembre, 75002 Paris. The ACPR REGAFI register lists Salvus SAS under EMI reference 739803, granted 21 November 2024, with passporting across the 30 EEA states. The ESMA MiCA EMT register records the same entity under LEI 969500SGAEBRXYUAJ739. Source class: Regulator-sourced fact for the REGAFI and ESMA listings; Issuer-document fact for the legal-entity disclosure on the issuer privacy policy.
Is EURØP an e-money token under MiCA?
EURØP is listed in the ESMA MiCA E-Money Token register; the white paper notification date recorded by ESMA is 22 November 2024. The issuer’s own MiCA white paper records the EMT classification. Source class: Regulator-sourced fact for the ESMA listing; Issuer-document fact for the white paper. eurostablecoins.xyz does not independently verify legal status, licensing scope or suitability.
How are EURØP reserves audited and what does the audit cover?
KPMG performs quarterly attestations on the number of EURØP tokens outstanding versus reserves. Five reports are published as PDFs on schuman.io (Q1 2025 through Q1 2026). Source class: Issuer-document fact. Quarterly attestations are point-in-time and do not constitute a continuous audit, do not opine on counterparty solvency, and do not assert availability of redemption at any particular moment.
How can EURØP be redeemed?
The issuer states that EURØP holders are entitled to redeem at face value (Issuer-document fact). Specific redemption mechanics — process, minimums, fees, timing — are not described on this page because a canonical public issuer redemption-policy URL was not available in the current source set at the time of review. See the redemption / terms source-coverage note below.
Which chains does EURØP use?
eurostablecoins.xyz tracks EURØP across the chains shown in the chain-coverage section on this page (Market-data observed). The issuer’s "What is EURØP" blog (May 2025) lists Ethereum, Polygon, Avalanche and notes "expanding to other blockchains continuously"; XRPL is covered separately by a Schuman blog post and the Ripple press release (May 2025). The issuer does not currently publish a "supported chains" or contract-address page. The two lists may differ in scope and timing — see Conflicting or incomplete source coverage on /about#source-classes.
Why might EURØP supply differ between trackers?
Different sources can use different methodologies, snapshot timing, chain coverage and circulating-supply assumptions. EURØP uses a mint/burn model, so total on-chain supply and circulating supply are equal at eurostablecoins.xyz. Raw on-chain totals and per-chain breakdown are exposed through the public API.

Sources

Sources are grouped by source class so readers can see what kind of source backs each set of claims.

Regulator / register sources (4)
Public-register entries published by ESMA (MiCA EMT register) and the ACPR (REGAFI). Used directly for the regulator-sourced rows in the key-facts table.
  1. R1 — ESMA · MiCA E-Money Token register (interim CSV)
  2. R2 — ACPR · REGAFI public register (entry point)
  3. R3 — ACPR · check the authorisation status of professionals
  4. R4 — thebanks.eu · Salvus SAS profile (REGAFI mirror)
Issuer documents (7)
Issuer-published documents that record EURØP’s legal entity, MiCA classification context, reserve disclosures and chain integrations.
  1. I1 — Schuman · EUROP product page
  2. I2 — Schuman · privacy policy (legal entity disclosure)
  3. I3 — Schuman · reserve audits page
  4. I4 — Schuman · EUROP MiCA white paper (PDF)
  5. I5 — Schuman · company / about page
  6. I6 — Schuman blog · "What is EURØP" (May 2025)
  7. I7 — Schuman blog · EURØP on the XRP Ledger (May 2025)
Reserve and attestation sources (5)
Quarterly KPMG attestations on the number of EURØP tokens outstanding versus reserves, published as PDFs on schuman.io.
  1. I10 — KPMG attestation · Q1 2026 (PDF)
  2. I11 — KPMG attestation · Q4 2025 (PDF)
  3. I12 — KPMG attestation · Q3 2025 (PDF)
  4. I13 — KPMG attestation · Q2 2025 (PDF)
  5. I14 — KPMG attestation · Q1 2025 (PDF)
Partner and independent press (2)
Independent reporting and partner press. Used as corroboration of issuer-stated facts where useful.
  1. P1 — The Block · Schuman debuts EURØP (Dec 2024)
  2. P2 — Ripple · EURØP on the XRP Ledger (May 2025)
Issuer commercial positioning (1)
Issuer marketing surface where product framing is published. Treated as Issuer-disclosed commercial claim, not as independent verification.
  1. C1 — Schuman homepage
eurostablecoins.xyz methodology and API
Where market-data observed on this page is computed and where the source- class vocabulary is defined.

When citing eurostablecoins.xyz data, include the page or endpoint URL and the access date.

§ Public API · EUROP

JSON endpoints, citation-ready

All endpoints are JSON, free, CORS-enabled, and stable under /api/v1/*. When citing this data, include the access date.

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