eUSD by Softseco is a stablecoin engineered on Solana with native cryptographic privacy, full MiCA alignment, and 1:1 reserves you can verify on-chain.
The PAPER Protocol encrypts balances and amounts on-chain with twisted ElGamal and bulletproof range proofs — so salaries, savings, and supplier payments never land on a public explorer, while staying fully verifiable.
Amount confidential
Hidden on-chain · 0 feesPrivate peer transfers, confidential B2B payroll and treasury, and a MiCA-aligned token exchanges can list with zero protocol fees — all settling in roughly 400 milliseconds on Solana.
A full-reserve dollar stablecoin issued as a Solana Token-2022 and aligned with MiCA's e-money rules — redeemable one-to-one, engineered for privacy and built for compliance from day one.
Every eUSD will be backed by at least one dollar — split 20/40/40 across instant USDC liquidity, tokenized US Treasuries, and delta-neutral DeFi, with attestations published on-chain every 24 hours.
A multisig-protected Auditor Key allows lawful, case-by-case disclosure — every use publicly logged with a 24-hour delay. No backdoors, no blanket monitoring, no silent access.
A five-phase plan. Whitepaper today. eUSD live in 2029.