Newrails Launches Euro Stablecoin EURW Compliant with MiCA Standards on Monad Platform

Deep Tide TechFlow reports, on March 26, according to official sources, Lithuania-regulated electronic money institution Newrails announced today the launch of the euro stablecoin EURW, compliant with MiCA standards, on Monad. Newrails holds dual licenses as a Lithuanian Electronic Money Institution (EMI) and a Czech Virtual Asset Service Provider (VASP). Each EURW token is backed 1:1 by euro reserves, allowing token holders to exchange them for fiat euros at zero fees anytime. The stablecoin aims to provide production-grade infrastructure for Web3 builders, payment developers, and RWA teams. The two primary application scenarios for EURW on Monad include: empowering cross-border payments as a key European node for globally regulated stablecoins; and further supporting RWA development as a payment channel and distribution mechanism. Newrails uniquely combines euro stablecoins with IBAN accounts, enabling instant deposits/withdrawals without intermediaries. Meanwhile, Monad's 10,000 TPS throughput and sub-second finality capabilities deliver the performance required for global payments and high-frequency applications. By integrating EURW's MiCA compliance and embedded banking features with Monad's high-performance, EVM-compatible environment, Newrails further provides Web3 builders, infrastructure teams, and RWA developers with settlement solutions ready for production environments.