News with the tag "EURM"

A new stablecoin backed by the euro, EURM, began testing this January in Spain under the supervision of the Bank of Spain. This EURM “stablecoin” was developed by Spanish fintech The post Bank Of Spain Began Testing Of A New Stablecoin, EURM, For Faster Euro Transactions appeared first on BitcoinWor...

Fintech firm, Monei has launched trials of the euro-backed stablecoin EURM in Spain in collaboration with major financial institutions in the country. In a recent press release, the company announced the commencement of tests under the supervision of the Bank of Spain’s Financial Sandbox. The tests ...

European payment platform Monei has announced the start of the testing phase of EURM, a euro-pegged stablecoin, as part of the Bank of Spain’s national financial sandbox. The token will leverage Ethereum’s and Polygon’s blockchains, allowing each one of a reduced number of users to issue 10 EURM dur...