EUR / tokenized government debt

EUROB · issued by Etherfuse. verified

The terms

Issuer

Etherfuse

Jurisdiction

Switzerland (structured under the Swiss DLT Act; RWA.xyz cites FINMA supervision, see notes, this attribution is questionable)

Chains

Solana, Stellar, Polygon, Base, Monad

Contracts

Solana EuroszHk1AL7fHBBsxgeGHsamUqwBpb26oEyt9BcfZ6G explorer

Yield basis

APY as displayed on Etherfuse's own bond page (+1.92%). RWA.xyz separately reports a 7-day APY of 1.45%. Yield accrues into the token price, which was EUR 1.027895 at the time of reading. source

Size

$399 source

Minimum

Not disclosed by the issuer.

Who may hold it

Non-US investors only, per RWA.xyz. Etherfuse's own legal overview page does not state US-person restrictions or KYC requirements for EUROB specifically. source

Redemption

Etherfuse states stablebonds 'can be redeemed for fiat at NAV any business day'; RWA.xyz describes subscription and redemption as instant with zero fees. Note that on-page buy liquidity at the time of reading was only EUR 7,154. source

Cost to enter

Etherfuse charges a variable commission of 0.25% to 1.5% p.a. scaled to the yield of the underlying; RWA.xyz reports 0.25% for EUROB. No stated subscription/redemption fee. Solana gas is trivial.

Transferability

Not established. No issuer document or explorer we could read says whether this token can be transferred, so we cannot tell you whether you would be able to hold it.

Secondary liquidity

EUR 7,154 of issuer-side buy liquidity shown on the Etherfuse bond page. No meaningful DEX liquidity identified.

What we think you should know

Sources

• https://app.etherfuse.com/bonds/EuroszHk1AL7fHBBsxgeGHsamUqwBpb26oEyt9BcfZ6G
• https://etherfuse.com/products/stablebonds
• https://app.etherfuse.com/legal/stablebonds-overview
• https://app.rwa.xyz/assets/EUROB

Other EUR instruments