PANews December 17 news, according to the official blog, the digital asset company Tether announced its investment in the European stablecoin provider StablR, aiming to accelerate adoption in the region. StablR will use Tether's new tokenization platform Hadron launched last month to simplify the tokenization of stocks, bonds, commodities, stablecoins, and more.
In July this year, StablR obtained an Electronic Money Institution (EMI) license issued by the Malta Financial Services Authority for its MiCAR-compliant stablecoin. Currently, StablR offers two tokens: EURR and USDR, both issued in the form of ERC-20 and Solana compatible tokens, which can be seamlessly transferred to any Ethereum or Solana wallet address. StablR is integrated with Ethereum and Solana and will leverage Tether's Hadron to expand to other networks.