Near Protocol Opens a Regulated Euro On-Ramp Near Protocol (@NEARProtocol) has integrated the MiCA-compliant EURe stablecoin, opening a regulated path for European users to move euros directl
Near Protocol (@NEARProtocol) has integrated the MiCA-compliant EURe stablecoin, opening a regulated path for European users to move euros directly onchain and access crypto markets without routing through a centralised exchange.
Near, the multi-chain app powered by NEAR Intents, launched the euro access path on July 1, 2026, enabling EU users to deposit euros via SEPA Instant, receive EURe, and transact confidentially across crypto markets. From there, users can deposit EURe into Near and transact across 30-plus major chains, 180-plus assets, real-world assets, and perpetuals markets, with NEAR Intents routing liquidity under the hood.
EURe is a regulated e-money token issued by Monerium and pegged to the euro, meeting MiCA requirements. Backed 1:1 by euro reserves held in safeguarded accounts, it combines regulatory compliance with full redeemability.
Entities licensed under national law before December 30, 2024 could operate under an 18-month transitional arrangement, but that window closes on July 1, 2026.After that date, any entity offering crypto-asset services to EU clients without a MiCA authorisation is operating illegally. The close of that window raises the stakes for compliant infrastructure.
Near also adds a property most euro on-ramps lack: confidential execution. Through Confidential Intents, users can toggle Confidential Mode to keep sensitive trade details hidden, with settlement integrity powered by a NEAR Protocol private shard. The combination of regulatory compliance and onchain privacy positions Near Protocol as a notable entry point for European capital into multi-chain DeFi.
By offering a compliant path for onchain euros, NEAR positions itself as a contender in the post-MiCA landscape, ensuring that European capital can move into multi-chain ecosystems without regulatory friction.
Sources:Near Protocol: EURe euro on-ramp launch via PR NewswireMonerium: EURe MiCA-compliant euro stablecoinFF News: NEAR Brings Euros Onchain
