Next Generation to Launch EURT Euro-Backed Stablecoin in October

IconCryptoNewsTerminal Staff06 Aug, 2024

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Next Generation to Launch EURT Euro-Backed Stablecoin in October

French fintech Next Generation and Ireland-based Electronic Money Institution (EMI) license holder DECTA, plan to launch a MiCA-compliant euro-backed stablecoin dubbed EURT in October based on Stellar (XLM). Notably, the stablecoin shares the same name as Tether’s euro-pegged stablecoin.