Monerium’s EURe: The First MiCA-Compliant Euro Stablecoin on Cosmos

Monerium’s EURe stablecoin has made history as the first euro stablecoin to achieve compliance with the Markets in Crypto-Assets (MiCA) regulation. This milestone represents a significant step towards the adoption of regulated and secure digital assets within the European Union.

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Built on the Cosmos network, EURe empowers users to conduct instant euro transfers through the Single Euro Payments Area (SEPA) framework. By leveraging the efficiency of blockchain technology, EURe facilitates seamless and cost-effective transactions, while adhering to the highest regulatory standards. This innovation promises to significantly boost regulated on-chain euro liquidity, paving the way for wider adoption of digital assets in the European market.

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The introduction of EURe signifies a pivotal moment for the Cosmos ecosystem. By offering a compliant and secure euro stablecoin, Cosmos further establishes itself as a leading platform for decentralized finance (DeFi) applications. As the first MiCA-compliant euro stablecoin to be deployed on Cosmos, EURe represents a remarkable achievement that underscores the network’s commitment to regulatory compliance and innovation.