Short answers to the questions we hear most often. If yours isn't here, the whitepaper goes deeper, or just write to us.
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 — split 20% USDC for liquidity, 40% tokenized US Treasuries, and 40% delta-neutral DeFi lending. 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.
A multisig-protected Auditor Key allows selective decryption of specific transfers when a court order, KNF supervisory request, or AML investigation requires it. Every use is logged on-chain and published after a 24-hour delay.
No. MiCA Article 22(4) prohibits issuers of E-Money Tokens from granting interest or yield to holders. 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.
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.