NEAR has launched a euro access path on near.com, giving European Union users a way to deposit euros from bank accounts and move into onchain markets without starting from a centralized exchange account.
The flow uses SEPA Instant, the EU’s real-time payment rail. Users deposit euros, receive EURe stablecoins against those euros, then bring EURe into near.com for cross-chain use through NEAR Intents.
The launch turns near.com into a euro-facing entry point for users who want to hold assets in their own wallets while accessing crypto markets. NEAR says the interface supports activity across more than 30 major chains, more than 180 assets, tokenized real-world assets and perpetual markets, with NEAR Intents routing liquidity behind the scenes.
The timing lands as Europe’s MiCA transition reaches its July 1 cutoff. ESMA has already told unauthorized crypto firms to stop onboarding EU clients and wind down services if they lack authorization, making fiat access and compliant euro-denominated digital money more important for users trying to avoid platform disruption.
EURe Gives near.com A Euro Stablecoin Route
EURe gives the new on-ramp a euro-denominated settlement asset rather than forcing users through dollar stablecoins first. After euros are deposited through SEPA Instant, users receive EURe in a wallet and can move into the near.com interface for swaps, transfers and market access.
The euro path matters because most crypto liquidity still runs through dollar stablecoins. USDT and USDC dominate global liquidity, while euro stablecoins remain smaller and less widely integrated. A direct euro entry route gives EU users a more natural starting point for onchain activity, especially when they want to avoid foreign-exchange conversion before interacting with DeFi or tokenized assets.
near.com also adds confidential execution through Confidential Intents. Users can turn on Confidential Mode to keep sensitive trade details hidden, while settlement integrity is handled through a NEAR Protocol private shard. That feature is meant to bring some of the privacy users expect from centralized platforms into open onchain rails.
The launch fits a wider push to make stablecoins more useful beyond exchange balances. Coinbase and Spiko recently opened stablecoin access to tokenized UCITS money-market funds, while Open Standard introduced Open USD as a partner-backed dollar stablecoin network for global payments.
MiCA Deadline Raises Demand For Direct Wallet Access
Europe’s MiCA deadline has turned crypto access into a country-by-country issue for some major platforms. Binance recently reassured affected EU users that assets remained safe and withdrawals stayed available after entering July without a confirmed EU-wide MiCA license.
That backdrop gives direct wallet-based access more relevance. A euro on-ramp on near.com does not replace exchange custody, fiat off-ramps or regulated account services, but it gives users another route into onchain liquidity through their own wallets.
NEAR Intents is central to the product. Instead of asking users to manage bridges, routes and fragmented liquidity manually, the system lets users express the outcome they want while solvers route execution across supported chains and assets.
EURe is now live on near.com for European users, with euro deposits through SEPA Instant and access to cross-chain markets through NEAR Intents.
