Monerium’s Regulated Euro Gains Direct Dollar Route via Polygon FX Pool
Monerium launched a EURe/frxUSD pool on Polygon through Uniswap v3, creating an onchain route between its euro token and frxUSD. Eligible Monerium customers can fund EURe by SEPA transfer and then swap into frxUSD, while Capa supports liquidity, payments, and foreign exchange activity tied to the pool.
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Users who already hold EURe can notice a new onchain path to frxUSD on Polygon, and eligible Monerium customers can also start from a SEPA transfer into EURe before swapping. Capa is part of the setup for liquidity, payments, and foreign exchange activity around the pool, so those functions are attached to the launch today.
Before this launch, there was no stated EURe/frxUSD pool on Polygon routed through Uniswap v3; after it, swaps between the two tokens can be settled on the network. What stays the same is that access still depends on being an eligible Monerium customer for the SEPA-funded EURe path.
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Where this sits in the Uniswap series
| When | What happened | Figure |
|---|---|---|
| 20 days ago | UNI a 10.08 $ high | today it sits -27.5 % from there |
| 2 days ago | UNI a 6.84 $ low | today it sits +6.9 % from there |
From what we have stored, starting 22 days ago.