
The DeFi layer for European stablecoins.
Permissionless
Euro markets anyone can use.
Borrow euros against xStocks, LSTs or yield-bearing dollars. Collateral, caps and oracles are published before the first deposit.
Total market TVL
€487.12
- Available liquidity
- €71.88
- Best supply APY
- 1.44%
- Bad debt
- €0
The problem
No euro liquidity, because no euro utility.
Euro stablecoins grew from €107M to €607M in 21 months under MiCA. Yet markets, oracles, data and reporting onchain all run in dollars, so euros have nothing to do.
For every euro onchain, there are 385 dollars.
Each dot is 0.5% of the stablecoin supply. All euro stablecoins together fill half of the blue one.
Kurate builds what euros are missing onchain.
Markets, collateral and regulated euros, priced and reported in EUR.
- 01
Euro markets
Supply and borrow euro stablecoins in isolated markets, then in curated vaults.
- 02
European collateral
xStocks and LSTs today. Tokenized EU assets next.
- 03
MiCA-regulated euros
EURC and EURØP, issued under the EU’s MiCA framework, redeemable 1:1.
Permissioned
Euro markets and tooling for institutions.
We’re preparing permissioned euro markets for verified counterparties. Kurate never holds client funds: you sign with your own setup and export every position in euros.
Route euros across DEXs, bridges and markets through one liquidity aggregator, plugged into your product.
Whitelisted euro markets and DeFi products built around your mandate, with set collateral, caps and fixed rates.
Euro markets, one API, and reporting and analytics in euros, ready for your accounting.

Whitelisted markets
Verified counterparties only. Set collateral, caps and fixed rates.
Reporting in euros
Positions, accrued interest and every transaction, ready for your accounting.
EUR oracles
Positions priced in euros, not converted from dollars.
API integration
One REST API and SDK for your stack. Gas is sponsored, so you only hold euros.
Our vision
We believe euros need
their own DeFi layer, where liquidity
follows utility.

Utility first
Euro markets, vaults and APIs give euros something to do onchain. Today, nothing is built euro-first.

Liquidity follows
As builders and institutions put euros to work, pools deepen and rates improve for everyone.

Open to builders
Protocols and apps plug into Kurate markets and vaults, and bring more euros onchain.
