Discover

A euro stablecoin backed by full reserves

The EURL advantage

Regulated and fully reserved
SIMPLICITY
EURL can be purchased on our partners' website at a glance                                        
RELIABILITY
All reserves are held 100% in cash on an account opened by Lugh at Société Générale
TRANSPARENCY
You can access monthly reports regarding our reserves, audited by an external firm

The most reliable euro stablecoin

EURL is a 1:1 euro-backed stablecoin registered by the French AMF

Available on leading blockchains

We aim to launch EURL on other blockchains in the near future
to make our stablecoin as widely available as possible

Want to get started?

For Individuals
EURL is used and available on many platforms
See our Ecosystem
For Enterprises
EURL is used for hedging, cash flow management
and on/off ramp
Get in touch

Our commitment

Lugh's commitment is to provide a transparent and secure stablecoin : 1 EURL is equal to 1 €. Always.
In this context, we have mandated an external firm to issue a monthly certificate relating to the number of LUGH tokens (EURL) issued and the balance of the associated bank account. It should be noted that the diligence carried out in the context of these certificates does not in any way engage the responsibility of this firm in the promotion of LUGH S.A.S and the underlying LUGH (EURL) token.

Use cases

EURL: a reliable stablecoin
for your transactions

List EURL on your exchange

EURL allows your customers to easily trade crypto-currencies. Our stablecoin allows to hedge against volatile assets without having to use a fiat currency.

Start listing EURL

Pay with EURL to buy NFTs

EURL is the perfect way to purchase NFTs. Choose EURL to simplify the buying experience. Buying NFTs with EURL on-ramp solution is the best way to onboard millions of customers. 

Start listing EURL

Use EURL for instant payment

Using EURL will allow you to perform transactions at any time in a snap. Thanks to the blockchain, transactions are secured without any intermediaries. 

Latest news

FAQ

What is Lugh ?

Lugh is positioned as the first player in the world to issue stable digital assets pegged to the euro in a trustworthy environment. These digital assets are available to corporate players in the financial and commercial sectors to enable them to create new and innovative use cases for their customers. They are also used by individuals to easily trade crypto-currencies and hedge against volatility.

What exactly is a fully pegged digital asset ?

A fully pegged digital asset is a new category of digital assets whose main characteristic is to offer stability. It is backed by a reserve asset, such as the euro, and is designed to mirror the price of this asset on a 1:1 basis. It is therefore volatility-free and combines benefits of both digital assets and FIAT currencies.

What technology do you use and is it safe?

In order for our digital asset to be secured and for your transactions to be performed efficiently and sustainably, we decided to have EURL issued on the Tezos blockchain. It is known for its reliability, power and flexibility. More recently, the news of Ethereum switching to a more sustainable POS system accelerated our decision to launch the EURL on this blockchain, one of the largest and most reliable. EURL is also available on Polygon, one of the best performing Layers 2.

How is EURL different from other digital assets?

EURL offers all the usual benefits of digital assets: they are accessible to anyone, they enable quick and secured transactions with limited fees and can be easily traded online. However, most digital assets are often considered extremely volatile, making transactions riskier. As a euro-pegged asset, the value of EURL is pegged to the euro, thus allowing this volatility to be significantly reduced.

How can I use EURL?

As any other digital asset, EURL has many use cases. You might want to use them for instant day-to-day transactions. You might also want to take advantage of our asset's stability to hedge against the volatility of the other assets you own. But, once more, EURL can be used in an infinite number of ways, depending on your personal needs.
There are three main ways to use EURL : on Exchanges, with On-ramp modules and to purchase NFTs. 

Where can I trade EURL?

You can find all the exchanges and on-ramps where you can trade EURL here. When you're not trading them, EURL are kept securely in our partners' digital safe, but you can access or remove them whenever you want!

How do I purchase EURL?

Depending on our partners' platforms and their wallet systems, you will be able to buy EURL using your credit card, bank transfers or other digital assets you own. Some plateforms, such as Coinhouse, allow all means of payment!

How do I sell / exchange EURL?

EURL can be sold or exchanged on our partners' exchange platforms using usual digital assets' transactions processes. You can exchange your EURL for other digital assets and cryptocurrencies or sell them for FIAT currencies such as euros.

Who manages your reserves?

Our reserves are held in accounts managed by Societe Generale, and audited by a worldwide accounting firm, Deloitte. You can learn more about Societe Generale here. You can also access our reserves statements here.

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