HELSINKI, Finland – 14 July 2023 – Membrane Finance, a leading electronic money institution domiciled in Finland and issuer of the Markets in Crypto-assets (MiCA) compliant euro stablecoin, EUROe, today announced the launch of its innovative stablecoin service offering for blockchain teams. With EUROe’s blockchain integration solutions, blockchain projects can seamlessly integrate a compliant euro stablecoin into their existing infrastructure, thereby significantly enhancing the blockchain’s value proposition to end users.
EUROe, a blockchain-native digital asset, faithfully mirrors the value of the euro and enables a plethora of new use cases for blockchain technology, including settling transactions in euros, enabling direct on- and off-ramping, and mitigating volatility-related challenges. Remarkably, EUROe can be integrated with any modern blockchain, regardless of whether it's public or private, Ethereum Virtual Machine (EVM) compatible or not. Furthermore, integrating EUROe enables a native cross-chain bridge, compatible with every blockchain EUROe is integrated on – making capital movements across blockchains easier than ever.
In alignment with Membrane Finance's commitment to multi-chain support, the integration of EUROe is highly customisable to fit the specific needs of each blockchain project. The standard implementation grants access to all core EUROe features, including the EUROe Account, which empowers business customers to mint and redeem EUROe easily. For projects requiring a bespoke solution, a custom EUROe implementation provides fully adaptable issuance and redemption mechanisms, allowlist-based access controls, and even support for privacy-centric blockchains.
"We are thrilled to take strides towards a more compatible multi-chain future," said Juha Viitala, CEO of Membrane Finance. "We've received substantial interest from various blockchain teams about EUROe. Nearly all blockchains require a stablecoin, and integrating one that's both compliant and secure can be a game-changer. It can unlock numerous new use cases and help win over sceptical stakeholders."
About Membrane Finance
Founded in 2021 in Finland, Membrane Finance is a financial technology company specialising in the development of financial software and services that seamlessly link traditional financial infrastructure and blockchain-based services. Membrane Finance is the principal architect of EUROe - an EU-regulated, full-reserve euro stablecoin that brings fiat euro liquidity on-chain. Membrane Finance’s mission is to foster financial innovation and inclusion on the blockchain by developing an ecosystem of secure money infrastructure, user-friendly applications and stablecoin-related services. www.membrane.fi
EUROe is the only EU-based stablecoin and payment network to be regulated as an electronic money institution in the European Union. Based in Finland, a leading European hub for technology & regulatory stability, EUROe is being built for tomorrow’s businesses today. www.euroe.com