Over 100 million Euros of EURL has been traded on Coinhouse in under 6 months. At this point, the stablecoin has only been marketed to Coinhouse customers in Europe.
The Tezos-based stablecoin was launched by Lugh, a Groupe Casino company in partnership with SCEME, Société Générale, PwC and Coinhouse.
The EURL is a French stablecoin backed by the Euro and is built on the Tezos blockchain. XTZ News previously covered the EURL in an article found here.
It was launched by Lugh, a Groupe Casino company in partnership with SCEME, Société Générale, PwC and Coinhouse. It has so far only been marketed to Coinhouse in Europe.
According to a message on LinkedIn from Lugh, over 100 million in transaction volume for the EURL stablecoin has taken place on Coinhouse. Translated:
“A few month after our launch, more than 100 M€ of EURL has already been traded on Coinhouse !“
The news was also confirmed by Coinhouse here.
According to the contract found here on Better Call Dev (which is listed in PWC’s June report for the EURL stablecoin here), it looks as though 7,520,000.00 EURL have been minted and are presently in circulation.
In the June report, 8,020,000.00 were in circulation, representing € 8,020,000.00, domiciled at Société Générale.
Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at [email protected]. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.
This partnership signals an innovative foray into the realm of digital art collectibles, anchored by a forthcoming exhibition on Vincent van Gogh. Scheduled to commence on October 3, 2023, the highly anticipated exhibition is titled “Van Gogh in Auvers-sur-Oise: The Final Months”.
Fireblocks has announced the launch of its comprehensive support for Tezos. This development allows Fireblocks customers to securely manage FA1.2 and FA2 token standards on Tezos and utilize Fireblocks’ Web3 Engine to develop new products and services on the Tezos blockchain.
CEERTIF, a mobile application for installers, agents, and insurers in France, has introduced a groundbreaking platform that leverages the TEZOS blockchain to secure and geolocate media in real time.