December 17, 2024
Tether, recognized as the largest digital asset company globally, has made a strategic investment in StablR, a stablecoin issuer focused on the European market. This collaboration comes as Europe witnesses a surge in stablecoin initiatives, propelled by the forthcoming implementation of the Markets in Crypto-Assets (MiCA) regulatory framework on December 30. StablR, which recently launched its EURR and USDR stablecoins, aims to address increasing demand for cost-efficient and compliant digital payment solutions in the region.
The integration of StablR’s products with Tether’s Hadron platform is a key element of the partnership. Launched last month, Hadron provides a tokenization service for assets including stablecoins, stocks, and bonds, alongside compliance features such as Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) protocols. StablR will leverage this platform to enhance interoperability, expand blockchain compatibility, and strengthen its presence across multiple networks, including Ethereum and Solana.
StablR’s EURR and USDR stablecoins are fully compliant with European regulations, backed by an Electronic Money Institution (EMI) license obtained from the Malta Financial Services Authority. The stablecoins are designed to cater to financial institutions, businesses, and individual users seeking regulated, accessible, and transferable digital assets. With the market for EUR-pegged stablecoins nearing a $400 million valuation, StablR is positioned to contribute to the sector’s growth through compliant solutions.
About StablR
StablR is a European stablecoin provider offering fully backed and MiCA-compliant digital assets, including the EURR and USDR tokens. Integrated with Ethereum and Solana networks, the company focuses on delivering liquidity, accessibility, and compliance for financial institutions, enterprises, and retail users. StablR is authorized under an Electronic Money Institution (EMI) license from the Malta Financial Services Authority.
Website: https://www.stablr.com/
X: @StablREuro
About Investor
Tether
Tether is a digital asset company known for its flagship USDT stablecoin and asset tokenization platform, Hadron. The company specializes in providing scalable and compliant solutions for digital payments and blockchain ecosystems. Tether operates with a global focus, fostering adoption and innovation in the crypto space.
Location: British Virgin Islands
Website: https://tether.to
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