EUR0 is a euro stablecoin backed by euTBL from Spiko, offering a transparent and credible alternative to existing options. EUR0 extends the Usual protocol’s stablecoin family by introducing a high-quality euro-based unit of account, expanding adoption opportunities across DeFi and TradFi integrations. With EUR0, users gain a trusted alternative to centralized euro stablecoins, built on the same principles of permissionless minting, strong collateral standards, and DAO-managed safeguards.