MiCA News: EURe Stablecoin Launches on Cosmos Ecosystem
MiCA News: The Launch of EURe
Monerium has launched its EURe stablecoin on the Noble blockchain, marking a significant milestone in stablecoin news. The EURe is backed by euro-denominated deposits, integrating with the SEPA framework, enabling instant euro transfers between on-chain and custodial bank accounts.
Compliance with MiCA Regulations
The launch of the EURe stablecoin is a landmark achievement in MiCA news, as Monerium holds authorization since 2019 as an Electronic Money Institution. This enables the issuance of e-money on blockchains, fully compliant with MiCA regulations.
Broadening Horizons Beyond Existing Networks
- Monerium expands the reach of its stablecoins, now supporting the Cosmos ecosystem.
- The EURe joins Monerium's portfolio of fiat-backed tokens that comply with Markets in Crypto-Assets regulations.
As stablecoin news continues to develop, the introduction of EURe is expected to significantly impact the cryptocurrency landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.