<div id="readability-page-1">Newrails, an electronic money institution regulated by the Bank of Lithuania, has announced the launch of a MiCA-compliant euro stablecoin, EURW, on the Monad platform. According to ChainCatcher, 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 without fees at any time. The stablecoin aims to provide production-grade infrastructure for Web3 developers, payment developers, and RWA teams.</div>

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<p>Newrails, regulated by the Bank of Lithuania, has launched a MiCA-compliant euro stablecoin, EURW, on the Monad platform. The stablecoin is backed 1:1 by euro reserves, allowing fee-free exchanges for fiat euros. Newrails holds dual licenses as a Lithuanian Electronic Money Institution and a Czech Virtual Asset Service Provider, aiming to support Web3 developers and payment solutions.</p>

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Newrails Launches MiCA-Compliant Euro Stablecoin on Monad