DeltaDAO, Membrane Finance and Polygon Labs Bring EUROe to the Gaia-X Web3 Ecosystem as Main Settlement Token

Finnish fintech company Membrane Finance and German Gaia-X integrator deltaDAO have partnered to make EUROe, the first and only EU-regulated full-reserve stablecoin, the main settlement token for the GEN-X network – a Web3 ecosystem built with Polygon Supernets specifically designed for the European AI and data infrastructure initiative Gaia-X.

The partnership enables the Web3 ecosystem and Gaia-X participants, identified according to the Gaia-X Trust framework, to settle AI, data, and infrastructure service transactions on the GEN-X network in EUROe nearly instantly on the blockchain for a fraction of the cost of traditional payment networks.
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“Europe must overcome the imbalances of its current market and be more digitally competitive to compete on the world stage. Integrating EUROe into the GEN-X network brings us one step closer to creating a seamless and frictionless digital economy that gives all participants a competitive advantage compared to platform solutions that use a fragmented payment approach,” says Kai Meinke, Co-Founder and Business Lead at deltaDAO, “By giving back control to Gaia-X participants and removing unnecessary settlement intermediaries, we’re supporting the goal to enable more sovereignty in the market,”
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“GEN-X and the implementation of a regulated, Euro-backed stablecoin is a favorable development in enabling a European data marketplace, which highlights the import of this technology. These types of use cases underscore the benefits of responsible innovation. Positive regulatory guardrails will only further benefit the industry, and allow for this technology to flourish,” says Rebecca Rettig, Chief Policy Officer at Polygon Labs.
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As the only EU-regulated stablecoin, EUROe has future-proofed its competitiveness in the market ahead of the upcoming European MiCA legislation – the strictest regulatory framework for digital assets ever. It is expected that MiCA will not only harmonize the regulation of stablecoins in the EU, but also affect the global regulatory landscape and take us one giant step further into a European digital single market for AI and data.

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