Newrails, a licensed electronic money institution regulated by the Bank of Lithuania, has launched EURW, a MiCA-compliant euro stablecoin on the Monad platform. The company holds dual licenses as an Electronic Money Institution in Lithuania and a Virtual Asset Service Provider in the Czech Republic. Each EURW token is fully backed 1:1 by euro reserves, allowing holders to redeem them for fiat euros at any time without fees. This initiative aims to provide robust stablecoin infrastructure for Web3 builders, payment developers, and RWA teams.