Euro-backed stablecoin relaunches for the second attempt
After the EEUR project failed, many people thought that a similar concept would never work. However, in February 2022, Membrane Finance launched EUROe – Europe’s first fully regulated stablecoin network.
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EUROe has been licensed by the European regulator FIN-FSA and is pegged to the euro at a 1:1 ratio.
Today, deltaDAO, Membrane Finance, and Polygon Labs have announced that they are integrating the stablecoin into the Gaia-X Web3 ecosystem as the primary payment method.
Gaia-X is a decentralized project that has brought together 365 companies from various industries, including mobile communications, energy, tourism, finance, and healthcare. As a result, it is expected that the DAO members will use EUROe for settling transactions.
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