Monerium Seeks to Build Out Euro Stablecoin with Finery Markets

Euro stablecoin issuer Monerium has integrated with Finery Markets as it seeks to build out its business into cross rates and the wider use of on/off ramps for digital asset trades.

The firm, which is licensed to operate in the European Economic Area, Switzerland and the UK, offers EURe as a 1:1 stablecoin, but can now, it says, move beyond EUR/EURe corridors into cross rates with other stablecoins, such as USDC and USDT. In turn, Finery says the integration allows EURe to be turned into a global settlement asset.

The deal also means that Monerium can avoid capital lock-ups and reliance on centralised exchange-listing requirements, the firms add, meaning it can scale the stablecoin.

“Healthy secondary liquidity for stablecoins is just as important as the primary issuance setup,” observes Konstantin Shulga, CEO and co-founder of Finery Markets. “This liquidity – across both on- and off-exchange venues – acts as a vital shock absorber, protecting issuers from ‘bank runs’ during market turbulence, while simultaneously driving true stablecoin adoption.

“Primary market functions like minting and burning are crucial, but they are limited without a reliable gateway to institutional liquidity,” he continues. “That missing link is precisely what we deliver, helping issuers scale globally, drive TVL growth, and unlock cross-market utility.”

Gísli Kristjánsson, CEO and co-founder at Monerium, adds, “The first step for us was creating authorised on-chain euro rails. The next is making that euro globally useful. Finery Markets provides the strategic connectivity we need: direct access to institutional liquidity and instant cross-rates with leading stablecoins. This is the integration that turns EURe into a global settlement asset.”