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Noble and Monerium Unveil EURe: Europe’s First Regulated Euro Stablecoin

Sep 19, 2024
  1. What is EURe Stablecoin?
  2. Benefits and Uses of EURe
  3. How to Use EURe with Noble and Monerium

Noble and Monerium have announced the launch of EURe, Europe’s first fully regulated Euro stablecoin. This stablecoin aims to facilitate monetary transfers and enhance security in the digital sphere.

What is EURe Stablecoin?

A stablecoin is a type of digital currency designed to keep its value stable. The EURe is unique because it is fully regulated and backed by real Euro deposits, making it a reliable choice for businesses and individuals.

Benefits and Uses of EURe

EURe is integrated into the EU’s SEPA framework, making it easy to transfer Euros quickly across bank accounts in Europe. Since its launch, EURe has handled over €1.7 billion in transactions, making it the most used Euro-backed stablecoin. > "EURe represents a new stage in Europe's digital economy, offering a high level of security and convenience." — said a Noble representative.

How to Use EURe with Noble and Monerium

Using Monerium's platform, users get a unique IBAN number linked to their Noble wallet. This allows almost instant transfers between a bank account and a digital wallet in the IBC blockchain ecosystem. > "With the Monerium platform, managing finances becomes easier and faster." — added a Monerium representative.

The launch of the EURe stablecoin by Noble and Monerium marks an important step towards safer and more convenient financial operations in the digital and traditional economy. This innovation promises to increase trust and ease of use of digital assets in Europe.

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