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Summary of EUROe Stablecoin
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What is EUROe?
: A fully fiat-backed EU-regulated Euro stablecoin issued by Membrane Finance, secured by at least 102% of euro-denominated assets. -
Regulation
: Regulated as e-money, with Membrane Finance holding an EU-wide Electronic Money Institution licence issued by the Finnish Financial Supervisory Authority. -
Circulation
: EUROe supply changes over time, with no fees for issuing or redeeming. Companies can apply to become Membrane Finance clients to access minting and burning of EUROe. -
Founder
: Membrane Finance was founded by Juha Viitala in 2021, incubated by Equilibrium and funded
Introducing EUROe: A Stable and Reliable Store of Value
Introducing EUROe: A Revolutionary Digital Asset
EUROe is a fully fiat-backed, EU-regulated Euro stablecoin issued by Membrane Finance, collateralized by a minimum of 102% euro-denominated assets. This ensures that one EUROe is always redeemable for one fiat Euro by clients of Membrane Finance, providing unparalleled security and reliability.
EUROe operates under the auspices of e-money regulation, with Membrane Finance proudly holding a comprehensive EU-wide Electronic Money Institution licence, issued by the esteemed Finnish Financial Supervisory Authority.
EUROe Circulation: Understanding the Total Supply
The EUROe supply undergoes fluctuations over time, driven by the issuance of new EUROe and the redemption of existing EUROe by Membrane Finance’s clients. Notably, there are no fees associated with issuing or redeeming EUROe at present. Furthermore, companies, foundations, and other corporate entities have the opportunity to apply for Membrane Finance client status, thereby gaining access to the minting and burning of EUROe.
The Visionary Behind EUROe: Meet the Founder
Membrane Finance, the pioneering force behind EUROe, was established in 2021 by visionary founder Juha Viitala. Notably, EUROe has been nurtured through incubation by Equilibrium, a stalwart builder of core blockchain infrastructure, and has received vital funding from Maki.vc, a seed-stage venture capital firm.
Acquiring EUROe: A Comprehensive Guide
EUROe is now accessible for trading on an expanding array of decentralised exchanges, as well as through direct transactions facilitated by Membrane Finance.