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Articlemedium.comMYKOBO2y ago

SEPA Rails for Circle’s EURC on Stellar

MYKOBO announces SEPA rails support for Circle’s EURC stablecoin on the Stellar blockchain, enabling European users to deposit and withdraw Euros via the LOBSTR wallet. EURC is fully reserved and redeemable 1:1 for Euro, issued on multiple chains including Stellar. This enhances Euro stablecoin interoperability and accessibility on Stellar.

StablecoinsAnchorsPayments
Lumen Loop's take

MYKOBO is thrilled to launch support for Euro deposits and withdrawals using Circle’s EURC stablecoin on the Stellar blockchain through the SEPA network. European Stellar wallet users can now access this service directly via the LOBSTR wallet, known for its simplicity and security. EURC, fully reserved and backed 1:1 by Euro, is issued by Circle on Ethereum, Solana, Avalanche, and Stellar, leveraging Circle's trusted reputation from USDC. MYKOBO continues supporting its own EURC while partnering with Circle to build interoperable Euro stablecoins. Over 20K users already utilize EURC on Stellar via platforms like Beans, LOBSTR, and others. Stellar provides real-world utility for payments and aid, while SEPA facilitates seamless Euro transfers across the EU.

Mentioned projects
6 projects linked
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BeansApplications
SCF
Software WalletMobileP2P

Beans is a non-custodial payments and savings app built on the Stellar blockchain, designed to provide the general public with a…

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EmpowchApplications
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Software WalletUnbankedMobile

Offering a mobile wallet to the unbanked the MENA region by connecting them with family members abroad.

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HoneycoinApplications
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P2PMobileSoftware Wallet

Peer by HoneyCoin is a global, non-custodial financial super app made for the general public and primarily built on Stellar.

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LobstrApplications
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P2PMobileSoftware Wallet

LOBSTR is a web and mobile wallet that enables users to interact with the Stellar network and its decentralized exchange. It sup…

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MYKOBOFinancial Protocols
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AnchorEUR

MYKOBO is a financial platform that facilitates seamless Euro transactions through EURC, a Euro-backed stablecoin issued by Circ…

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xBullApplications
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BrowserSoftware WalletP2P

xBull Wallet is an open-source, non-custodial wallet designed for managing Stellar assets, offering a user-friendly interface an…

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