EURe-frxUSD Stablecoin Pool Debuts on Polygon's Uniswap v3

A new stablecoin pool has launched on Polygon's Uniswap v3, allowing eligible customers of Monerium to swap euros for a dollar stablecoin. The EURe-frxUSD pool went live on October 1, offering a euro-to-dollar stablecoin conversion route on the Polygon network.

EURe is a euro stablecoin, while frxUSD is a dollar stablecoin. Eligible Monerium customers can send euros through the SEPA transfer system 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 is expected to add a new level of convenience for users looking to convert euros to dollars on the Polygon network.