Frequently asked questions.

eUSD by Softseco will be a stablecoin pegged 1:1 to the US dollar, issued on Solana with confidential balances and transfer amounts. It's the first product of PAPER Protocol.

No. eUSD is in active development. Mainnet beta launch is targeted for Q1–Q2 2029.

By a reserve of at least 100% of issued tokens: 40% held as cash in safeguarding accounts at credit institutions and 60% in short-dated US government securities, the shape MiCA Article 54 requires. The USDC float that makes on-chain redemption instant sits outside the reserve, funded from Softseco’s own capital. Reserves will be attested daily on-chain through Proof-of-Reserves.

eUSD by Softseco will encrypt balances and transfer amounts on-chain by default — your transaction values aren't a public record. USDC and USDT settle in the open.

No. Confidential means amounts are encrypted; addresses are still visible on-chain. Combined with the Address Decoupling design, this gives you private-by-default treatment with regulator-accessible disclosure under defined process.

An Auditor Key, held off-chain by Softseco, allows selective decryption of specific transfers when a court order, KNF supervisory request or AML investigation requires it. Each use is recorded on-chain under 2-of-3 authorisation. Operator actions are published after 24 hours; disclosures to a financial intelligence unit are held until anti-money-laundering law permits publication.

No. MiCA Article 50 prohibits issuers of e-money tokens from granting interest or any benefit tied to how long you hold them. eUSD is structured as electronic cash, not as an investment.

No protocol fees on mint or redeem. Solana network fees (paid in SOL) are the only cost — typically a fraction of a cent per transaction.

Four routes, depending on where you are. In the EEA, Softseco mints and redeems directly against your bank account — SEPA and SEPA Instant in euro, wire in dollars — at par and without a protocol fee. Outside the EEA, licensed partners (exchanges, e-money and payment institutions) redeem with Softseco and pay their own customers on local rails such as ACH, Faster Payments, PIX or UPI. Card and wallet on-ramps integrated with Solana wallets cover most other countries. And on-chain, the 1:1 USDC route works at any hour without a bank. Direct redemption at par with Softseco stays open to any holder who completes KYC, wherever they live, subject to sanctions law.

Solana at launch. Additional chains — Ethereum L2s, Sui, Monad — are under evaluation for Phase 5 (2029+).

Anyone with a Solana wallet, post-mainnet. Mint and redeem operations require an IWR-whitelisted address established through a licensed CASP partner. Holding and transferring between Token-2022 accounts doesn't require KYC with Softseco directly.

Softseco sp. z o.o. has not yet been incorporated. Incorporation is planned during 2026 alongside the first grant milestones.

Mainnet beta launch is targeted for Q1–Q2 2029, conditional on EMI authorization from KNF, comprehensive audits, and operational readiness.

Not yet. Direct investment opportunities will be available at a later phase. Register interest to be notified.

Reach out through the contact form. We're open to CASPs, custodians, exchanges, auditors, wallet teams, and infrastructure providers.

On the whitepaper page. You can download the PDF there.