TechFlow reports that on September 18, according to The Block, fintech company Monerium has launched the euro-pegged stablecoin EURe on the Noble blockchain, marking the first native euro stablecoin in the Cosmos ecosystem. Noble is a network designed specifically for issuing and transferring stablecoins and other real-world assets. EURe is backed by euro deposits and integrated with the SEPA framework, enabling instant euro transfers between on-chain and custodial bank accounts. Noble serves as the native asset issuance network for Circle’s USDC stablecoin within the Cosmos ecosystem, which includes over 90 application-specific blockchains. Since its launch in September 2023, Noble has hosted $280 million in total assets and facilitated over $3 billion in IBC transfer volume.
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