EUROe Stablecoin

Purpose and Utility

EUROe is a euro-backed stablecoin launched by Finnish fintech company Membrane Finance Oy. Each EUROe token is backed 1:1 by euros held in segregated accounts at European financial institutions. The primary purpose is to provide a regulated, fully-backed digital representation of the euro for blockchain transactions.

Business Model

The stablecoin operates on a transparent model where each token is fully backed by fiat euros. Membrane Finance generates revenue through transaction fees and potential institutional services. The business model does not involve interest-bearing activities or impermissible practices.

Real-World Adoption

EUROe is regulated under Finnish law and is being adopted for cross-border payments, remittances, and digital euro transactions. The stablecoin is integrated with various blockchain platforms and is used by both retail and institutional users for euro-denominated blockchain transactions.

Platform Development

The project maintains active development with regular updates to its infrastructure. The stablecoin operates on multiple blockchain networks to ensure wide accessibility and utility. Regular audits verify the 1:1 backing of tokens with actual euros.

Token Distribution and Governance

As a stablecoin, EUROe's token distribution is based on market demand and backed by actual euros. There are no concerns about founder enrichment as the token maintains a stable 1:1 value with the euro.