Membrane Finance: Rolls out EU-regulated crypto stablecoin
- Membrane Finance is the principal architect of EUROe – a fully reserved, Euro-nominated stablecoin that brings fiat Euro liquidity on-chain
- Launched EUROe – Europe’s first and only EU-regulated full-reserve stablecoin and payment network
- EUROe transforms a fiat Euro into a 1:1 pegged digital currency transactable on Ethereum
- For each EUROe issued, at least one fiat Euro exists in a European financial institution or bank
- The global payments industry facilitates around $240T of transactions between people, businesses
- The infrastructure for money has failed to evolve to meet the modern consumer’s needs – payments take too long to settle
