<ul data-eligibleForWebStory="false"><li>A new Euro stablecoin has been introduced on Cake Wallet, allowing users to mint euro-pegged tokens without selling their holdings.</li><li>The dEURO model relies on overcollateralization to ensure stability and resist price swings, triggering automatic liquidations if collateral levels drop too low.</li><li>Users can earn up to 10% yield from the collateral pool funded by stability fees from dEURO minters, without giving up custody.</li><li>Despite past failures in decentralized stablecoins, Cake Wallet's integration of dEURO signals progress in developing non-U.S.-dollar-dominated stablecoin alternatives in the European digital asset ecosystem.</li></ul>

New Euro Stablecoin Goes Live on Cake Wallet

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