Monerium Launches Regulated Euro Liquidity Pool on Polygon

Monerium has launched a new EURe/frxUSD liquidity pool on Polygon, enabling regulated euro liquidity to connect directly with dollar-denominated liquidity. This integration brings foreign exchange activity onchain through blockchain technology.

The EURe token represents euros and is backed by safeguarded euro reserves, while frxUSD is a fully collateralized stablecoin backed by cash-equivalent reserves, including tokenized U.S. Treasury funds. The exchange mechanism operates through Uniswap v3, with Polygon handling settlement of the swap.

This new route between euro and dollar liquidity will allow applications built on the blockchain to integrate foreign exchange functionality into services that manage payments, balances, and treasury operations. With low fees and fast finality on Polygon, smaller and more frequent currency exchanges become practical.