European Legal Tender Now On-chain - Powered by Algorand🔥

According to @CoinDesk many stablecoins currently offered in Europe are illegal. The first digital Euro that are legal as means of payment in European economic zone is $EURD - issued by Quantoz and powered by #Algorand.

FYI, although $EURD uses blockchain tech, it is not a stablecoin, it is a Electronic Money Token (EMT). Quantoz has obtained a license as an electronic money institution (EMI) from the Dutch Central Bank.

Can you imagine $ALGO being used by people all over Europe?