08-27-2021, 11:33 PM
Tezos-based stablecoin - Over 100 Million Euros Of EURL Trading Volume Has Taken Pla
<!-- SC_OFF --><div class="md"><p>The EURL is a French stablecoin backed by the Euro and is built on the Tezos blockchain.</p> <p>It was launched by Lugh, a Groupe Casino company in partnership with SCEME, Société Générale, PwC and Coinhouse. It has so far only been marketed to Coinhouse in Europe. According to a message on <a href="https://www.linkedin.com/feed/update/urn:li:activity:6836600759749013505/">LinkedIn</a> from Lugh, over 100 million in transaction volume for the EURL stablecoin has taken place on Coinhouse. Translated: “A few month after our launch, more than 100 M€ of EURL has already been traded on <a href="https://www.linkedin.com/company/coinhouse/">Coinhouse</a> !“</p> <p>The news was also confirmed by <a href="https://www.linkedin.com/posts/nicolas-louvet-25537_eur-l-premier-stablecoin-euro-coinhouse-activity-6836698450248163328-UZ44">Coinhouse.</a> According to the contract found <a href="https://better-call.dev/mainnet/KT1GbWiFga8U9ikdxNMeXWoTrx65sCg9MNaU/storage">here</a> on <a href="https://uploads-ssl.webflow.com/60be56fda399c6414b6f1191/60e45d6e5d0c83de7adb58c8_SE%20-%20Lugh%20-%20Attestation%20PwC%20-%206%20juillet%202021%20(1">Better Call Dev</a>.pdf) which is listed in PWC’s June report for the EURL stablecoin , it looks as though 7,520,000.00 EURL have been minted and are presently in circulation. In the June report, 8,020,000.00 were in circulation, representing € 8,020,000.00, domiciled at Société Générale (<a href="https://uploads-ssl.webflow.com/60be56fda399c6414b6f1191/60e45d6e5d0c83de7adb58c8_SE%20-%20Lugh%20-%20Attestation%20PwC%20-%206%20juillet%202021%20(1).pdf">https://uploads-ssl.webflow.com/60be56fda399c6414b6f1191/60e45d6e5d0c83de7adb58c8_SE%20-%20Lugh%20-%20Attestation%20PwC%20-%206%20juillet%202021%20(1).pdf</a>).</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/troublesome58"> /u/troublesome58 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pcpr2n/tezosbased_stablecoin_over_100_million_euros_of/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pcpr2n/tezosbased_stablecoin_over_100_million_euros_of/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The EURL is a French stablecoin backed by the Euro and is built on the Tezos blockchain.</p> <p>It was launched by Lugh, a Groupe Casino company in partnership with SCEME, Société Générale, PwC and Coinhouse. It has so far only been marketed to Coinhouse in Europe. According to a message on <a href="https://www.linkedin.com/feed/update/urn:li:activity:6836600759749013505/">LinkedIn</a> from Lugh, over 100 million in transaction volume for the EURL stablecoin has taken place on Coinhouse. Translated: “A few month after our launch, more than 100 M€ of EURL has already been traded on <a href="https://www.linkedin.com/company/coinhouse/">Coinhouse</a> !“</p> <p>The news was also confirmed by <a href="https://www.linkedin.com/posts/nicolas-louvet-25537_eur-l-premier-stablecoin-euro-coinhouse-activity-6836698450248163328-UZ44">Coinhouse.</a> According to the contract found <a href="https://better-call.dev/mainnet/KT1GbWiFga8U9ikdxNMeXWoTrx65sCg9MNaU/storage">here</a> on <a href="https://uploads-ssl.webflow.com/60be56fda399c6414b6f1191/60e45d6e5d0c83de7adb58c8_SE%20-%20Lugh%20-%20Attestation%20PwC%20-%206%20juillet%202021%20(1">Better Call Dev</a>.pdf) which is listed in PWC’s June report for the EURL stablecoin , it looks as though 7,520,000.00 EURL have been minted and are presently in circulation. In the June report, 8,020,000.00 were in circulation, representing € 8,020,000.00, domiciled at Société Générale (<a href="https://uploads-ssl.webflow.com/60be56fda399c6414b6f1191/60e45d6e5d0c83de7adb58c8_SE%20-%20Lugh%20-%20Attestation%20PwC%20-%206%20juillet%202021%20(1).pdf">https://uploads-ssl.webflow.com/60be56fda399c6414b6f1191/60e45d6e5d0c83de7adb58c8_SE%20-%20Lugh%20-%20Attestation%20PwC%20-%206%20juillet%202021%20(1).pdf</a>).</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/troublesome58"> /u/troublesome58 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pcpr2n/tezosbased_stablecoin_over_100_million_euros_of/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pcpr2n/tezosbased_stablecoin_over_100_million_euros_of/">[comments]</a></span>Kind Regards R