First MiCA-compliant stablecoin by Membrana Finance kicks off on Solana (SOL) blockchain, expands to crypto-to-fiat payments app Wirex
Patrik Elias Johansson, compliance officer of Membrane Finance, stresses the importance of the release on Solana for the progress of stablecoin payments and regulatory compliant digital assets:
MiCA brings a new level of accountability and consumer protection to the crypto asset sector, and we believe that due to the EUROe integration, Solana has now become an extremely competitive contender for an increasing number of blockchain-based applications. Businesses that were previously unable to build on Solana due to regulatory, accounting or legal uncertainty can now re-consider it as a viable option.by U.
Furthermore, within the application, EUROe can be instantly exchanged for 100+ world currencies. Pavel Matveev, CEO and co-founder of Wirex, is excited by the speed and flexibility of Solana blockchain: With the EUROe available within the Wirex app, it ensures that their users have the flexibility to manage their finances. Introducing EUROe support on Solana, Wirex not only simplifies complexities but also reshapes the future of financial interactions.
As demonstrated by CoinMarketCap tracker, EUROe has 1,001,000 coins in total supply. The asset is available in pairs with USD Coin , Arbitrum and other altcoins on Uniswap v3 and Orca noncustodial exchanges.
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