EURe Stablecoin

[DerAufklaerer]

Project:
1 EURe = 103% EUR


The EU-regulated Icelandic fintech company Monerium (Making money smarter) allows the transfer of EURe to one's own bank account.



In other words, it is possible on-chain and without Coinbase and co. to make direct transfers and deposits from an Ethereum/Polygon/Gnosis chain wallet to an IBAN account and vice versa.



And best of all, it's completely free. That means you don't have any costs if you want to move your assets on the ETH wallet to a Euro account and vice versa. The only (small) costs are incurred when exchanging ETH/EURe or EURe/ETH on a decentralized exchange such as Uniswap.



First defi protocols already support EURe as well. I will try out the off- and on-ramps soon.

Translated with www.DeepL.com/Translator (free version)

 

[khinkali]

It looks pretty good, for people and companies in EEA, UK, and Switzerland.

I wonder if they accept companies with foreign ownership.

 

[DerAufklaerer]

EAPFESM2XXX - SWIFT-Code (BIC) - EASY PAYMENT AND FINANCE EP SA - SPANIEN​

I question the support

They allowed SEPA Tranfers to Exchanger like Kraken or Binance

 

[DerAufklaerer]

I think its not dezentral because money is on EMI

 

[DerAufklaerer]

Only Etherum Support on Ledger
Not Polygon (lower fees)

 

[DerAufklaerer]

It have SEPA Instant Ingoing but no Outgoing

EE IBAN

I don't see any possible use for EURE. It's just difficult to exchange them for coins with low fees like Litecoin

 

[wellington]

Same as XSGD for singapore dollars and their XIdR for Indonesian

 

[jafo]

Same as XSGD for singapore dollars and their XIdR for Indonesian

Which company provides this?

Project:
1 EURe = 103% EUR


The EU-regulated Icelandic fintech company Monerium (Making money smarter) allows the transfer of EURe to one's own bank account.



In other words, it is possible on-chain and without Coinbase and co. to make direct transfers and deposits from an Ethereum/Polygon/Gnosis chain wallet to an IBAN account and vice versa.



And best of all, it's completely free. That means you don't have any costs if you want to move your assets on the ETH wallet to a Euro account and vice versa. The only (small) costs are incurred when exchanging ETH/EURe or EURe/ETH on a decentralized exchange such as Uniswap.



First defi protocols already support EURe as well. I will try out the off- and on-ramps soon.

Translated with www.DeepL.com/Translator (free version)

Why haven't others discussed this more?

What am I missing?

PS. In terms of transactions (e.g. buy-sell tangible goods) and using a solution like monerium.

 

[wellington]

XSGD | StraitsX

XSGD is a stablecoin pegged to & backed by the Singapore Dollar. XSGD runs on the Ethereum & Zilliqa blockchains. XSGD is safeguarded in a Singapore-licensed bank.

www.straitsx.com