Euro Benchmark Coin

The Euro Benchmark Coin is a €-stablecoin backed by German Bunds (Deutsche Bundesanleihen) as reserves, which represents the benchmark treasury asset in the Eurozone. It offer better price stability relative to volatile cryptocurrencies and has many attractive features, such as: fast, cheap cross-border transfers; programmable payments and smart-contract compatibility; potential for improved financial inclusion within the euro area; easier on-ramps to DeFi and digital financial services when issuing within a regulated framework