VALLETTA, Malta, Dec. 18, 2024 — StablR, the European stablecoin provider, has secured funding from Tether to boost stablecoin adoption across Europe. StablR provides solutions designed for businesses and institutions that prioritize liquidity, regulatory compliance, and user-friendly applications.
This investment will accelerate stablecoin market penetration in Europe, aligning with StablR’s goal of offering superior liquidity and adaptability—advantages exceeding those of competing assets.
The European stablecoin market, with a substantial market capitalization for EUR-pegged stablecoins alone, has shown considerable growth recently. This trend is further fueled by the EU’s MiCA regulations, effective December 30th, which impose strict compliance standards on exchanges and stablecoin issuers. Following the introduction of new stablecoins in the region—including StablR’s EURR and USDR—and Tether’s investment—StablR is well-positioned to lead the market with an innovative asset that offers enhanced liquidity management, lower transaction fees, and substantial cost savings for reinvestment, supporting a more sustainable financial ecosystem.
[Name], Founder and CEO at StablR, stated: “We’ve witnessed remarkable growth in the global stablecoin market, mirroring the expansion of the digital assets sector. Last month alone, the global stablecoin market reached a record-breaking market cap of $190 billion. From the start, StablR has concentrated on providing unparalleled compliance, liquidity, and adaptability for institutions and businesses. This investment enables us to deliver precisely that. This marks a new era for stablecoins, and StablR is at the forefront.”
In July, StablR received an Electronic Money Institution (EMI) license from the Malta Financial Services Authority for its MiCAR-compliant stablecoins. StablR stablecoins are fully compliant, trusted, and fully-backed, launched to meet the increasing demand from financial institutions, businesses, and consumers for compliant, secure, and easily redeemable digital assets.
StablR leverages the new tokenization platform Hadron, launched last month to streamline the tokenization of various assets, including stocks, bonds, commodities, and stablecoins. Designed as a user-friendly software-as-a-service platform for the entire token lifecycle for individuals, businesses, and nations, Hadron by Tether also provides a comprehensive compliance suite, including Know-Your-Customer (KYC), Anti-Money-Laundering (AML), Know-Your-Transaction, Risk Management, and secondary market ecosystem monitoring.
“The European stablecoin market is rapidly evolving and is poised for substantial further growth. Tether is proud to support initiatives like StablR that align with our commitment to promoting compliance, innovation, and accessibility within the European stablecoin market,” said Paolo Ardoino, Chief Executive Officer at Tether. “This investment reflects our support for the European digital asset ecosystem. The launch of Hadron, our asset tokenization platform, which simplifies the process of converting various assets into digital tokens, is a crucial step towards an economy with unparalleled benefits, flexibility, and transparency.”
Currently, StablR offers two coins: EURR and USDR, both issued as ERC-20 and Solana-compatible tokens. These stablecoins can be easily transferred to any Ethereum or Solana wallet. Fully regulated, StablR ensures compliance while offering a dependable stablecoin solution. Integrated with both Ethereum and Solana, StablR plans to expand to other networks using Hadron, improving accessibility, liquidity, and interoperability across the broader blockchain ecosystem.
About StablR
StablR is a European stablecoin provider offering fully-backed, MiCA-compliant digital assets designed to improve liquidity, flexibility, and efficiency for financial institutions and businesses. With a strong emphasis on transparency and regulatory adherence, StablR stablecoins are 100% collateralized in segregated accounts and provide seamless, low-cost international transactions.
Currently offering EURR and USDR, StablR delivers secure, scalable, and interoperable solutions integrated with Ethereum and Solana networks. Through partnerships with leading financial and digital asset companies, StablR is driving stablecoin adoption across Europe, equipping businesses with reliable tools for payments and liquidity management. For more information, visit [website address].
About Tether
Tether is a leader in stablecoin technology, aiming to transform the global financial system. Its mission is to deliver accessible and efficient financial, communication, artificial intelligence, and energy infrastructure. Tether promotes greater financial inclusion and communication resilience, supports economic growth, and empowers individuals and businesses.
As the issuer of the industry’s largest, most transparent, and liquid stablecoin, Tether is committed to building sustainable and resilient infrastructure for underserved communities. Utilizing advanced blockchain and peer-to-peer technology, it strives to connect traditional finance with the potential of decentralized finance.
SOURCE StablR
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