Monerium launches Euro stablecoin EURe on Noble blockchain

Fintech company Monerium has launched the euro stablecoin EURe on the Noble blockchain, the first native euro stablecoin in the Cosmos ecosystem. Noble is a network designed specifically for the issuance and transfer of stablecoins and other real assets. EURe is collateralized by euro-denominated deposits and is integrated with the SEPA framework to enable instant euro transfers between on-chain and custodial bank accounts. The issuer Monerium complies with the EU's MiCA regulations, and it issues regulated on-chain fiat currencies under MiCA authorization. (The Block)