Monerium, which has a European Economic Area e-money license, will bring fiat currency transactions onto Algorand’s protocol.
IKEA in ‘World First’ Transaction Using Smart Contracts and Licensed E-Money
IKEA Iceland has taken part in a commercial transaction using ethereum smart contracts and EU-licensed blockchain e-cash to settle an order.
Iceland’s Currency Will Be First in Europe to Be Traded as E-Money
In a European first, the ConsenSys-backed Monerium has received approval to run fiat over a blockchain as a regulated form of payment.