04 November 2024

New Integration: StablR Euro (EURR) is Now Available in MELDapp

StablR is thrilled to announce that EURR, our euro-backed stablecoin, is now integrated into MELDapp, a leading decentralised finance (DeFi) platform developed by MELD. This listing of EURR allows MELDapp users to seamlessly manage, send, receive, and swap EURR tokens, providing secure and easy access to euro-denominated digital assets.


What Does This Integration Mean for Users?

With this integration, MELDapp users gain direct access to a stable, euro-backed digital currency that operates across multiple blockchains. Whether you're looking to diversify your portfolio, conduct cross-border transactions, or explore DeFi opportunities, EURR offers a reliable and stable solution. This makes it easier than ever to participate in the growing digital asset ecosystem, particularly for those focused on euro-denominated assets.

Understanding MELD and Its Value Proposition

MELD is a decentralised, non-custodial financial services platform that allows users to borrow both fiat and cryptocurrencies against their crypto holdings. Through MELDapp, users can engage in borrowing, lending, and managing their assets—all within a decentralised framework. The app combines the best aspects of blockchain technology—speed, security, and transparency—with the benefits of traditional financial services.

By adding EURR to the MELDapp ecosystem, users now have a stable euro-denominated asset to integrate into their DeFi strategies. Whether you are interested in yield farming, liquidity provision, or simply holding stablecoins, EURR adds a new layer of flexibility and security to your financial activities.

Expanding the Reach of EURR in the DeFi Landscape

This integration marks a significant step for StablR, positioning EURR as a prominent player in the DeFi landscape. As stablecoins continue to bridge the gap between traditional finance (TradFi) and DeFi, the availability of EURR offers new opportunities for European users and institutions. By offering a stable, euro-pegged token, EURR reduces the volatility typically associated with cryptocurrencies, providing a secure and transparent option for DeFi transactions.

Furthermore, MELDapp's multi-chain capabilities ensure that EURR is accessible across various blockchain networks, including Ethereum and Polygon. This cross-chain compatibility enhances liquidity and allows users to manage their EURR tokens according to their preferred strategies.

Why EURR?

Stability: EURR is backed 1:1 by real euros, offering users a secure and stable asset.

Transparency: StablR provides regular attestations of euro reserves, ensuring users that their EURR tokens are fully backed.

Compliance: StablR operates within stringent regulatory frameworks, ensuring that EURR complies with European Union regulations, including the new MiCAR rules.

Unlock New Possibilities with EURR

As the DeFi landscape continues to evolve, stablecoins like EURR are critical in providing the security and stability needed for widespread adoption. With MELDapp now offering EURR, users can explore innovative ways to enhance their DeFi experience while maintaining the stability of a euro-denominated asset.

Whether you're an experienced DeFi user or just getting started, the integration of EURR into MELDapp opens the door to a range of opportunities, from lending and borrowing to liquidity provision. By leveraging blockchain technology and the stability of the euro, StablR Euro (EURR) aims to become a cornerstone of the digital finance ecosystem.

Explore MELDapp today and discover new financial opportunities with EURR.

• Learn more about MELDapp here