Breaking News
Membrane Finance Launches EUROe on Arbitrum One
Finnish fintech company Membrane Finance has launched EUROe on Arbitrum One, allowing users within the ecosystem to access Europe’s first and only EU-supervised full-reserve stablecoin.
EUROe transforms fiat Euro into a 1:1 pegged digital currency now transactable on the Arbitrum One blockchain, in addition to existing support for the Ethereum and Polygon blockchains. For each EUROe issued, at least one fiat Euro or equivalent exists in a European financial institution or bank, ring-fenced from Membrane Finance.
“The Membrane Finance team is excited to bring EUROe onto Arbitrum One, making it the first fiat-backed euro-stablecoin natively available on the blockchain. Arbitrum’s sprawling ecosystem of DeFi innovation makes the launch ever so more exciting,” comments Juha Viitala, CEO and Co-founder of Membrane Finance.
“We cannot wait to see how EUROe will be utilised in projects on Arbitrum,” he continues.
“Stablecoins are an essential part of the transition towards blockchain-based money infrastructure, and Europeans deserve to have a full-reserve euro stablecoin from the EU and regulated by an EU-based financial authority. EUROe hopefully brings more regular people to DeFi, who were previously unable to or worried about the volatility of cryptocurrencies, ” concludes Viitala.
EUROe can now be implemented in smart contracts and transacted on Arbitrum One. Smart contracts are self-executing programs that automatically execute payments or other actions on the blockchain based on a series of programmed parameters.
People In This Post
Companies In This Post
- The 4th Financial Innovation Forum – Payments & RegTech Arrives in London Read more
- Double UK eCommerce Award Shortlisting for Ecommpay Read more
- Candescent Appoints Donald Chesnut as Chief Design Officer to Drive Digital Innovation Read more
- Meanwhile Sees Unprecedented Demand for BTC Life Insurance, Offers Policy With 0.25 BTC Minimum Read more
- Global Payments Announces the Launch of its Genius™ for Enterprise POS Solution Read more
Input | Output (IO) Joins CryptoUK
Input | Output (IO), a blockchain infrastructure and research engineering firm dedicated to advancing the Web3 ecosystem, today announced it has joined CryptoUK, the leading trade association for crypto and digital assets in the United Kingdom. The trade body advocates for fair, proportionate regulation and constructive engagement with policymakers, regulators, and the public to foster innovation, consumer protection, and market integrity. The association represents over 100 member organisations across exchanges, blockchain networks, payment providers, law firms, and fintechs.
Finery Markets Launches Plug-and-play Stablecoin Staking & DeFi for Institutions
Finery Markets, a leading provider of non-custodial crypto ECN and SaaS trading solutions, has partnered with Yield.xyz, a DeFi yield aggregation platform serving 25M clients, to simplify institutions’ access to a broad spectrum of native staking and DeFi opportunities.
Introducing MoonTags: Send Any Crypto, to Anyone, Instantly
MoonPay have launched MoonTags, enabling users to send crypto as easy and human as texting someone
Binance and Franklin Templeton to Develop Digital Assets Initiatives and Products
Binance and Franklin Templeton announced a collaboration to build digital asset initiatives and solutions tailored for a broad range of investors
Jeeves Launches Stablecoin Payments to Cut Cross-Border Costs by Up to 80% for LatAm Businesses
Jeeves has launched Instant Pay, a stablecoin-powered payments solution that settles cross-border transactions in minutes
Bitget Hits $10B in Bitcoin Futures Trading Volume: Monthly Report Highlights
Bitget, the world’s leading cryptocurrency exchange and Web3 company, has released its August 2025 Transparency Report, showing its strengthened position as one of the most innovative and resilient players in the digital asset industry.
Bitget Wallet Partners With Aave to Launch Stablecoin Earn Plus, A Long-term Flexible 10% Yield Product
Bitget Wallet, the leading non-custodial crypto wallet, has selected to partner with Aave, the largest and most trusted decentralized lending protocols, to launch Stablecoin Earn Plus, delivering a long-term base annual percentage yield (APY) of 10%, higher than yields currently available from other self-custodial wallets and major exchanges.
The 4th Financial Innovation Forum – Payments & RegTech Arrives in London
The 4th Financial Innovation Forum – Payments & RegTech is one of the best Payments, RegTech and compliance events in the UK, bringing together leading experts in payments, compliance, and financial services innovation.
Double UK eCommerce Award Shortlisting for Ecommpay
Ecommpay, has been shortlisted in two categories of the UK eCommerce Awards that celebrates outstanding platforms
Candescent Appoints Donald Chesnut as Chief Design Officer to Drive Digital Innovation
Candescent announced that Donald Chesnut has been named Chief Design Officer to develop exceptional digital experiences and innovation
Meanwhile Sees Unprecedented Demand for BTC Life Insurance, Offers Policy With 0.25 BTC Minimum
Meanwhile announced an update to its flagship Ten-Pay Whole Life policy, lowering the minimum from 1.0 BTC to 0.25 BTC
Global Payments Announces the Launch of its Genius™ for Enterprise POS Solution
Global Payments announced that its Genius solution for enterprise customers is available in the U.S.
Upbound Group Announces Appointment of Chief Growth Officer
Upbound appointed Ms. Rebecca Wooters to the newly created role of Chief Growth Officer
UPS and American Express Announce Collaboration at the Intersection of Logistics and Payments
UPS and American Express announced an expanded agreement to help small businesses grow and drive commerce in their communities