TechFlow reports that stablecoin startup StablR has announced a €3.3 million ($3.5 million) seed funding round to build its euro-based stablecoin business. Investors include Deribit, Maven 11, Theta Capital, Folkvang, and Blocktech.
StablR began issuing its euro-backed stablecoin, code-named EurR, on October 12, and the company started operations in August 2022. StablR aims to bring liquidity to DeFi and CeFi markets and ultimately onboard more users into the crypto ecosystem.




