Taurus now supports Lugh EURL, the first regulated euro-pegged stable coin: 1EURL = 1€, available on both Ethereum and Tezos blockchains. Its stabilization mechanism uses a full collateralization with reserve held in cash at a bank account at Société Générale, with monthly audits run by an external firm.
This integration will be used with immediate effect with a French bank using Taurus technology stack.
The seamless integration of EURL on both Tezos and Ethereum highlights the breadth and depth of Taurus solutions, allowing clients to manage any digital asset: cryptocurrencies incl. staking and DeFi, tokenised assets as well as digital currencies with one unified platform.
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