The rollout follows the conclusion of the European Union's MiCA transition period, which mandates a unified licensing standard for digital asset service providers. By utilizing SEPA Instant, the EU's real-time payment rail, users can deposit local currency and receive EURe stablecoins, which remain under their direct control in private wallets rather than held by a custodial platform.
Beyond simple access, the platform introduces Confidential Intents, a feature allowing users to obscure sensitive trade details during execution. This privacy-preserving capability, powered by a private shard on the NEAR Protocol, mimics the confidentiality previously exclusive to centralized exchanges. Alex Shevchenko, CEO of Defuse Labs, noted that this infrastructure aims to eliminate the lock-in effect of closed platforms, allowing users to move capital across 180 assets and various perpetual markets without their funds becoming trapped within a single exchange ecosystem.
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