On chain
Confidently leverage Chainlink to ensure secure processes through implemented SMART contracts. With these automated solutions, your workflow is sure to reach maximum efficiency and reliability.
Total supply
- EURR
Total reserves
- EURR
Verify EURR
Collateral With Chainlink
Proof of Reserve
We provide transparent and verifiable evidence that the StablR Euro EURR stablecoin is backed by an adequate amount of reserves. By using Chainlink Proof of Reserve, we aim to demonstrate that we hold assets equal to or exceeding the total supply of EURR in circulation. This verification process ensures the stablecoin’s value, stability, and trustworthiness, reinforcing our commitment to maintaining full collateralization and protecting investor interests.
Continuous verification
Monitor your financial journey with daily checks available at the click of a button.
Attestations
Check trusted data aggregated by an independent third party accounting firm – The Network Firm. This provides an unbiased, transparent view of the reserves backing StablR Euro EURR.
Regulatory Compliance
StablR received its Electronic Money Institution licence authorized by the Malta Financial Services Authority, which enables the Institution to issue electronic money tokens and provide electronic money services while adhering to applicable laws and regulations in order to maintain market integrity.
Frequently Asked Questions
How does StablR Euro EURR handle continuous verification?+
StablR Euro EURR offers continuous verification through daily checks that are readily accessible at the click of a button. This feature allows users to monitor their financial activities in real time, ensuring transparency and prompt detection of any discrepancies or issues.
What are attestations and how do they relate to StablR Euro EURR?+
Attestations refer to the process of verifying and confirming data by an independent third party. For StablR Euro EURR, attestations are conducted by The Network Firm, an independent accounting firm. This provides an unbiased, transparent view of the reserves backing EURR, ensuring the stablecoin’s reliability and credibility.
What does StablR’s financial institution licence mean?+
StablR holds a Financial Institution licence authorized by the Malta Financial Services Authority. This licence permits StablR to issue electronic money tokens and provide electronic money services in compliance with local laws and regulations. It ensures that StablR operates with integrity and adheres to regulatory standards, maintaining market trust and compliance.
What is Chainlink and how does it benefit StablR Euro EURR?+
Chainlink is a decentralized oracle network that provides secure and reliable data feeds to blockchain smart contracts. By leveraging Chainlink, StablR Euro EURR ensures that all processes are executed through automated SMART contracts. This integration enhances the efficiency and reliability of transactions, reducing human error and improving overall workflow.