Two new stablecoins pegged to the Euro (EURe) and British pound sterling (GBPe) are now available natively on Linea and for payments in the real world anywhere Mastercard is accepted via MetaMask Card.
Issued by Monerium, these fully regulated, backed and authorized stablecoins provide yet another secure and convenient bridge between TradFi and web3. EURe and GBPe join aUSDC, USDC, USDT, and WETH on the list of tokens on Linea that can be spent directly from your wallet with a MetaMask Card.
With Monerium you receive a unique IBAN that’s mapped to the wallet address you choose. Any euros or pounds you wire to that IBAN from your regular bank account are instantly minted on-chain as EURe or GBPe — no exchange needed. You can instantly spend them with MetaMask Card.
Here’s a breakdown of just a few of the benefits:
Using EURe and GBPe minimizes your exposure to exchange rate fluctuations when making purchases;
Deposit Euros or Pounds straight from your bank account to your wallet without the hassle of exchanges, ensuring a smooth, cost-free experience;
Monerium’s stablecoins are backed by 100% highly liquid assets held in safeguarded accounts, providing peace of mind for your digital transactions.
While you can’t bridge or swap Monerium EURe or GBPe on Linea just yet, we aim to introduce this capability soon.
If you already have the MetaMask Card, deposit EURe or GBPe today and spend with confidence. If you don’t have the Card yet, apply here and take full control of how you earn and spend your crypto!