What is Monerium?
Monerium offers an onchain fiat infrastructure enabling seamless integration of euros into web3 applications through EURe tokens, facilitating fast, regulated, and cross-border transactions.
More about Monerium
Monerium operates as an Electronic Money Institution (EMI), providing an onchain fiat infrastructure that seamlessly integrates euros into web3 applications through its EURe tokens. This innovative platform allows users to transfer regular money between traditional offchain banks and web3 environments instantly and securely. Each EURe token is fully authorized, regulated, and backed by over 100% in high-quality liquid assets, ensuring secure transactions across Ethereum, Polygon, and Gnosis blockchains. Monerium’s API empowers developers to automate cross-border payment flows and design custom financial solutions, leveraging a compliant and scalable framework within the European Economic Area.
Monerium key offerings
- Onchain Fiat Infrastructure: Facilitates direct and instant transfer of regular money between offchain banks and web3 environments, ensuring all onchain fiat minted through Monerium is fully authorized, regulated, and backed.
- EURe Token: The EURe is the first onchain euro, authorized and regulated, designed to enable fast, cheap, and global payments across Ethereum, Polygon, and Gnosis blockchains.
- Web3 IBAN: Offers instant transfers between traditional bank accounts and web3 wallets via a web3 IBAN, allowing seamless integration of euros into digital transactions managed as ERC20 tokens.
- Monerium API: Developer-friendly toolkits that automate low-cost, cross-border payment flows, enabling custom payment solutions from account management to global payroll systems with built-in fiat on-off-ramps.
- Institutional Compliance: Monerium operates as an authorized Electronic Money Institution (EMI) compliant with EU e-money and Crypto-Asset regulations, ensuring legal clarity and security for user funds within the European Economic Area.
- Overcollateralized Assets: Each EURe token is backed by over 100% in high-quality liquid assets held in segregated accounts, ensuring secure and instantly redeemable onchain fiat transactions.
- Zero-Risk Sandbox Mode: Provides developers with a sandbox environment to test financial solutions via Monerium’s APIs, allowing innovation and integration into onchain services without real-world deployment risks.
Key services & use cases powered by Monerium as a Web3 infrastructure provider
- Seamless Fiat Integration: Monerium enables direct integration of fiat currencies into web3 applications, facilitating instant and straightforward transfers between traditional banks and decentralized web3 platforms. All onchain fiat issued by Monerium is fully regulated, authorized, and backed by high-quality liquid assets, ensuring reliability and compliance.
- Versatile Applications: Beyond basic currency transactions, Monerium supports diverse applications in decentralized finance (DeFi), asset trading, micro-economies, insurance, and more. By leveraging Monerium's infrastructure, developers can unlock the full potential of blockchain technology in traditional financial operations, eliminating intermediaries and enhancing efficiency.
- Educational Resources: Monerium offers extensive developer documentation, educational materials, and support to assist developers in navigating blockchain technologies, wallets, and smart contracts. This empowers developers to effectively utilize Monerium's infrastructure to create innovative financial solutions tailored to specific use cases.
- Regulatory Compliance: As a licensed Electronic Money Institution (EMI), Monerium adheres to stringent EU e-money regulations and the Market in Crypto-Asset framework. This compliance ensures legal clarity and safeguards user funds within the European Economic Area, fostering trust and confidence among institutional users.
- Sandbox Environment: Monerium provides a secure sandbox environment connected to the sepolia Ethereum test network. This allows developers to experiment and innovate with Monerium's APIs in a risk-free setting before deploying real-world financial applications, ensuring smooth transition and operational readiness.
