Monerium, Frax Finance, and Capa Fi have connected euro payments to global corridors on Polygon, with the EURe/frxUSD pair live with incentives on Uniswap. The pool gives regulated euro e-money a direct route into onchain dollar liquidity, with Capa Fi bringing FX and payment flows — Polygon's official account highlighted that EURe now has a direct route into dollar liquidity on the network.
- EURe is Monerium's MiCA-compliant euro e-money, backed 1:1 by safeguarded euro reserves and linked to SEPA.
- frxUSD is Frax's fully backed digital dollar with tokenized U.S. Treasuries in reserve, which Frax bills as GENIUS-compliant.
- Users can swap between EURe and frxUSD or provide liquidity with both assets on Polygon via Uniswap (pool: app.uniswap.org).
- Polygon framed the launch as expanding stablecoin utility from currency exchange to cross-border payments and as infrastructure payment apps can build on.