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EURe-frxUSD Stablecoin Pool Launches on Polygon’s Uniswap v3

Eligible Monerium customers can fund EURe through SEPA transfers, then swap it for frxUSD. Capa supports liquidity, payments and foreign exchange activity tied to the pool.

By Simon Yoon
Published
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Glass tokens sit beside a phone near a modern bridge / TokenPost.ai
Glass tokens sit beside a phone near a modern bridge / TokenPost.ai

A new pool on Polygon gives eligible Monerium customers a way to swap euros into a dollar stablecoin, connecting SEPA transfers with onchain trading on Uniswap v3.

The EURe-frxUSD pool launched on Polygon’s Uniswap v3 on Oct. 1. EURe is a euro stablecoin, while frxUSD is a dollar stablecoin.

Eligible Monerium customers can send euros through SEPA and receive EURe in a linked wallet. They can then swap EURe for frxUSD through the pool.

Capa supports liquidity, payments and foreign exchange activity connected to the pool. The launch adds a euro-to-dollar stablecoin conversion route on Polygon.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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