Polygon Labs Partners with deltaDAO and Membrane Finance to Launch EUROe

Polygon Labs has partnered with Membrane Finance and deltaDAO to launch a unique Crypto token, EUROe, to be featured on the Generation-X platform, according to a March 13 statement from Polygon Labs. The team plans to integrate innovative features on the token to provide user-friendly settlement methods. In addition, the team is also trying to comply with EU regulations in order to develop a stablecoin that can comply with the regulations and meet the needs of the market.

Features of EUROe

According to the press release, regulators in the European bloc will consider the EUROe stablecoin registered under the Electronic Money Institute (EMI). The regulator will allow EUROe to be traded with other fiat currencies offered by European financial providers.

The team behind EUROe agreed to create a Generation X network using the supernet developed by Polygon Labs. According to the partnership report, the team leverages their technology, including Gaia-X, to provide users with seamless transactions. The Gaia-X platform has the unique capability of supporting different data input and output infrastructures.

It is worth noting that different manufacturing and processing companies have used Gaia-X technology to create more value for the company. The Gaia-X program has more than 365 members from European market companies and 21 government agencies.

In addition to Gaia-X technology, the team leverages deltaDAO expertise, Ocean protocol technology and Polygon supernet to improve service delivery across different industries and fill market gaps in Europe.

According to the press release, EUROe transactions will be cheaper than traditional payment methods. The developments made by the team aim to improve the GEN-X network to meet the demands of the Crypto economy.

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