MiCA News: Unveiling the First MiCA-Compliant Euro Stablecoin in the Cosmos Ecosystem

Wednesday, 18 September 2024, 10:07

MiCA news reveals a groundbreaking development as Monerium launches its EURe stablecoin on the Cosmos blockchain. This significant milestone introduces the first euro-backed stablecoin fully compliant with MiCA regulations. By leveraging euro-denominated deposits and integrating with the SEPA framework, Monerium enables seamless transfers between on-chain and custodial bank accounts.
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MiCA News: Unveiling the First MiCA-Compliant Euro Stablecoin in the Cosmos Ecosystem

MiCA News: Stablecoin Revolution in Cosmos

Monerium takes a bold step forward with the launch of EURe on the Noble blockchain, marking a historic moment in stablecoin innovation. This new stablecoin, fully compliant with MiCA regulations, is collateralized by euro-denominated deposits and integrates seamlessly with the SEPA framework, allowing for instant euro transfers between on-chain and custodial bank accounts.

Key Features of the EURe Stablecoin

  • MiCA Compliance: Fully adheres to Markets in Crypto-Assets directives.
  • Noble Integration: Enhances operational capabilities with the Noble blockchain.
  • Instant Transfers: Facilitates quick euro transfers across ecosystems.

Expanding Horizons Beyond Traditional Networks

With EURe, Monerium expands its footprint beyond established networks like Ethereum and Polygon. Holding authorization since 2019 as an Electronic Money Institution, Monerium has positioned itself to issue e-money on various blockchains, ensuring compliance while offering innovative financial solutions.


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.


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