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Home StablR Euro – The EURR Stablecoin

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StablR Euro EURR

Easy access into the world of finance to experience the opportunity of fast settlements and minimized financial service fees.

Who is StablR
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Always Accessible

The StablR Euro can be accessed by anyone with an internet connection, regardless of their location or financial status.
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Secure & Transparent

The StablR Euro transactions are based on blockchain technology, which provides a transparent infrastructure and ensures that all transactions are immutable, recorded and can be traced.
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Minimized Transaction Fees

Significantly lower transaction fees compared to the traditional financial system which makes stablecoins a more cost-effective option for international payments.
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Inefficient & Slow

Traditional payment systems take anywhere from 1 to 3 days to complete a transaction and depend on acceptance by regional areas and local countries.
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Fraud Risk

Fiat currency can be more susceptible to fraud because it is designed with less advanced security features instead of solutions like cryptographic authentication.

Frequently Asked Questions

Have a question about our services? Our team is here to guide you and provide the answers necessary for understanding.

What are StablR Euro EURR tokens?

The StablR Euro EURR is a Euro stablecoin which can be defined as a cryptocurrency that maintains a stable value relative to the Euro.

The StablR Euro EURR is an asset that mimics a real-world EUR currency, but is represented by a digital token on the Ethereum blockchain. The stablecoin is regulated by its ERC-20 compatible StablR Fiat Token smart contract. As a standard ERC20 token it can also be sent to any Ethereum address.

Is the StablR Euro EURR a currency or a legal tender?

The StablR Euro EURR is not money per definition. It is a digital coin which can be redeemed for Euros.

How are StablR Euro EURR tokens minted?

The StablR minting process is utilizing institutional-grade infrastructure, and provides the highest level of security and governance by using (decentralized) Multi-Party Computation technology.

All StablR Euro EURR tokens are entitled to the equal proportion of collateral used in fiat assets to buy these tokens.

How are StablR Euro EURR tokens burned?

Destroying or burning StablR Euro EURR tokens is triggered by the platform upon receiving the amount of tokens from the specified wallet address of the client, after the client has initiated the transaction to sell the StablR Euro.

How can I use the StablR Euro EURR token?

The StablR Euro EURR is an easy way to access the market and a safe haven for users in volatile markets. Next to that, this stablecoin is a secure solution for on-chain payments, a solid way of keeping collateral and a stable store of value in uncertain times.

StablR Euro EURR tokens can be used for investment purposes as an intermediary store of value and settlement while experiencing the lowest transaction fees.

Can there be a time when the number of Stablr Euro EURR tokens is higher than the corresponding fiat reserves?

No, StablR is integrating Chainlink its Proof of Reserve validation into its smart contract which ensures that minting is restricted only to the amount of collateral held within our network.

Can I see the amount of fiat reserves which serves for collateralization for StablR Euro EURR tokens

Yes, on a daily basis the off-chain Euro reserves backing the on-chain StablR Euro EURR supply are brought on-chain by an oracle via our Chainlink integration.

Where is the collateral for StablR Euro EURR held?

The collateral for StablR Euro EURR is held at multiple banks in safeguarded segregated bank accounts. StablR strives to have the lowest counterparty risk in the industry and is therefore continuously investing in adding A-rated custodians for its collateral that fit into its vision and strategy.