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EURST Creator Simone Mazzuca Explains What Differentiates It From Other Stablecoins and Why It Is Here to Stay

  • Ralph Smith
  • 21/07/2022
  • 2 minute read
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Simone Mazzuca is the developer of EURST, the first stablecoin representing the Euro, 100% asset-backed in USD and live audited EURST is the bridge to the digital economy and offers the safest and most reliable stablecoin structure on the Euro market.

Simone Mazzuca is the director and founder of Wallex Group and creator ofEURST. He recently joined the Bitcoin.com News Podcast to discuss the current state of stablecoin, including topics such as regulation, integration with the banking system, CBDC, and institutional use cases.

Wallex is a group of financial institutions founded in 2020 that is working to bridge the gap between traditional finance and the crypto space.Wallex is a leading provider of AML, compliance, neo-banking, custody, fiduciary, payments, trading, alternative and diversified investments, tokenization and digital assets, wealth management, white label solutions, and customer experience support services, and offers a full ecosystem of assets and digital assets.

Simone Mazzuca possesses many years of expert-level knowledge and experience in financial consulting, production of financial products and services (investment and credit and credit advice). He has directly managed private and institutional clients in Italy, USA and UK and has built up a combination of traditional financial background with a strong passion for upgrading the financial system with the tools and possibilities of blockchain and new financial products.

Simone Mazzuca’s bridge to the new fintech era is to build innovative projects with a robust and compliance-based foundation focused on full AML compliance. He aims to enlighten the new fintech crypto space and is committed to providing institutions with access to enter this sector in a trustworthy and compliant manner. His goal is to educate and provide tools for the public to bring the maximum benefits of the blockchain economy in a completely trustworthy and secure manner.

Mazzuca has participated in various public and private events, advising and participating in discussions regarding the regulation and institutional use of stablecoins and cryptocurrencies while promoting Wallex’s innovative vision.

For more information on stablecoins, visiteurst.io

The Bitcoin.com News podcast features interviews with the most interesting leaders, founders, and investors in the world of cryptocurrencies, decentralized finance (DeFi), NFTs, and the metaverse.32} Follow us on iTunes, Spotifyand. Google Play.

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Image credits: Shutterstock, Pixabay, Wiki Commons

Companies: Google
Ralph Smith

Cryptocurrency geek. Met with Bitcoin and altcoins back in 2011, when the price of BTC was about 10$. Writing articles since 2014 to these days.

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