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EUROe: the stablecoin made in EU

4 February 2023

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Finnish company Membrane Finance has released EUROe, the first EU-regulated stablecoin backed entirely by the euro. According to Membrane Finance, each EUROe token would be backed by “at least one euro fiat in a European financial institution or bank”. The company claims that the new stablecoin will allow for "near instant payments" at a cost close to zero, in contrast to the high cost and slow speeds of traditional finance.

SOURCE: Thecryptogateway

READ ABOUT THE LAUNCH OF GOVERNANCE TOKEN SHADES… 

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