EUROe: The First Regulated Euro Stablecoin on Solana

EUROe is a regulated euro stablecoin issued by Membrane Finance, a Finnish electronic money institution. As the first euro stablecoin on Solana, EUROe enables near-instant, low-cost payments and euro-denominated transactions on the blockchain. The stablecoin is fully backed by euros held in European financial institutions and maintains a 2% equity capital buffer. Beyond the core stablecoin, EUROe offers institutional-grade services through EUROe Ramp and Membrane Account products. Integrated with Wirex, EUROe can be used for payments at over 40 million merchant locations globally. The platform is designed for MiCA compliance and operates under Finnish regulatory supervision.

What is EUROe?

EUROe represents a groundbreaking development in the Solana ecosystem as the first regulated euro stablecoin to launch on the platform. Operating under the supervision of the Finnish Financial Supervisory Authority, EUROe transforms traditional euros into blockchain-enabled digital money while maintaining full regulatory compliance. Each EUROe token is backed 1:1 by actual euros held in European financial institutions, with an additional 2% CET1 equity capital buffer providing enhanced security for users.

The stablecoin operates as an electronic money token (EMT) under the Markets in Crypto Assets Regulation (MiCA), positioning it uniquely among digital assets as a fully compliant European payment solution. This regulatory foundation enables EUROe to bridge the traditional financial system with blockchain technology, facilitating seamless transitions between fiat and digital currencies while maintaining the stability and trust associated with the euro.

How to Use EUROe on Solana

Getting started with EUROe involves a straightforward process designed to maintain regulatory compliance while ensuring accessibility. Users can acquire EUROe through various methods depending on their needs and status. For businesses and institutions, the primary route is opening a Membrane Account, which enables direct minting and redemption of EUROe tokens. Individual users can access EUROe through supported exchanges and trading platforms on Solana.

Once acquired, EUROe functions like any other SPL token on Solana, benefiting from the network's high speed and low transaction costs. Users can store their tokens in any Solana-compatible wallet, trade them on decentralized exchanges, or use them for payments through integrated platforms like Wirex. The token's implementation as a standard SPL token ensures broad compatibility with the Solana ecosystem while maintaining the regulatory compliance required for a regulated stablecoin.

The EUROe Product Suite

EUROe Ramp

EUROe Ramp serves as a comprehensive fiat onboarding solution for blockchain platforms. This API-first product enables seamless conversion between traditional euros and EUROe tokens, supporting SEPA, SEPA Instant, and SWIFT transfers. The white-label solution allows platforms to customize their user interface while maintaining full regulatory compliance, making it particularly valuable for tokenization platforms, custody solutions, and DeFi protocols.

Membrane Account

The Membrane Account represents the institutional-grade gateway to the EUROe ecosystem. This core service enables direct minting and redemption of EUROe tokens, providing a crucial link between traditional banking infrastructure and blockchain networks. The account features robust security measures, detailed transaction reporting, and programmatic access through APIs, making it ideal for businesses requiring high-volume euro-denominated blockchain operations.

Wirex Integration

Through partnership with Wirex, EUROe users gain access to real-world payment capabilities at over 40 million merchant locations across more than 200 countries. This integration demonstrates the practical utility of EUROe beyond the blockchain, enabling seamless transitions between digital and traditional payment systems.

Security and Compliance

EUROe maintains exceptional security standards through multiple layers of protection. The smart contracts have undergone thorough auditing by respected firms, and the platform implements state-of-the-art security controls verified by external auditors. As an electronic money institution, Membrane Finance operates under strict regulatory oversight, ensuring proper management of user funds and maintaining separation between operational and reserve assets.

The platform's security measures include:

• Fully audited smart contracts
• Regular reserve attestations
• Bankruptcy-protected customer funds
• Integration with institutional-grade custodians like Fireblocks
• Continuous monitoring and compliance checks

Team and Development

Membrane Finance, the company behind EUROe, brings together expertise from both traditional finance and blockchain technology. The team is based in Finland, operating under Finnish financial regulations while maintaining a global perspective on digital asset innovation. The project has established partnerships with major players in both the traditional and crypto financial sectors, including Wirex, Fireblocks, and various Solana ecosystem participants.

Roadmap and Future Development

The EUROe team maintains an active development schedule focused on expanding the token's utility and accessibility. Key priorities include:

• Expanding merchant acceptance through additional payment integrations
• Enhancing institutional services through the Membrane Account platform
• Developing additional DeFi integrations on Solana
• Implementing advanced compliance tools for institutional users
• Growing the ecosystem of supported platforms and services

What Makes EUROe Special?

EUROe stands out in the Solana ecosystem through its unique combination of regulatory compliance and technical innovation. As the first regulated euro stablecoin on Solana, it provides a crucial bridge between traditional European finance and the blockchain world. The platform's MiCA compliance positions it advantageously for the evolving regulatory landscape, while its institutional-grade infrastructure supports enterprise adoption.

The project's commitment to transparency and regulatory compliance, combined with its technical implementation on Solana's high-performance network, creates a compelling solution for both traditional financial institutions and crypto-native users seeking regulated euro exposure on the blockchain.

Risks and Considerations

While EUROe maintains robust security and compliance measures, users should understand certain aspects of the platform:

The regulatory nature of the service means that certain jurisdictions may have restricted access to direct minting and redemption services. The platform's compliance requirements necessitate proper KYC/AML procedures for institutional users. As with any blockchain-based system, users must maintain proper security practices for their private keys and wallet management.