near.com Brings Euros Onchain, Enabling EU Users to Trade Across Crypto Markets Confidentially Using Their Own Wallets

The integration comes as Europe’s MiCA transition period closes today, establishing a unified licensing framework for digital asset service providers across the EU. As regulatory standards for euro-denominated digital money become more clearly defined, European users are looking for ways to bring euros onchain and interact with the DeFi economy without depending on a single centralized exchange. Few compliant euro on-ramps exist today.

near.com brings the full path together. Users can deposit euros into a crypto wallet via SEPA Instant, the EU’s real-time payment rail, and receive EURe stablecoins against those euros. From there, users can deposit EURe into near.com, where it all becomes usable: users hold EURe in their own wallets and can transact across 30+ major chains, 180+ assets, RWAs, and perps markets, with NEAR Intents seamlessly routing liquidity under the hood.

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near.com also adds a property most euro on-ramps lack: confidential execution. Through Confidential Intents, users can toggle Confidential Mode on in near.com to keep sensitive trade details hidden, with settlement integrity powered by a NEAR Protocol private shard. Confidential execution is a property centralized exchanges have long offered, and a reason they have historically handled the majority of crypto swap volume. With confidentiality now available through the open rails of NEAR Intents, near.com gives European users privacy-preserving transactions using their own wallets.

Alex Shevchenko, CEO of Defuse Labs, the team behind NEAR Intents said, “Open infrastructure should do what closed platforms do, without the lock-in. NEAR Intents routes liquidity across 30+ chains as one network, so a European user’s euros aren’t trapped behind any single exchange. With EURe on near.com, those euros come onchain and stay usable, with users accessing markets directly through their own wallets.”

Kendall Cole, Co-Founder of Proximity Labs, said, “EURe on near.com gives European users access to all of onchain finance. Euros are how they get in the door. Once they’re in, they can hold their own assets, move across chains, and transact across all of DeFi.”

For European users, EURe on near.com turns euros into onchain capital they can actually use: cross-chain, confidentially, and without routing through a centralized exchange. As MiCA sets the terms for euro-denominated digital money, near.com gives users across the EU an open path into onchain finance, with the euro as the way in.

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