MYKOBO’s EURC Stablecoin to Integrate with Pendulum

Published in
3 min readMar 20


MYKOBO and Pendulum have announced a strategic partnership that will enable Pendulum’s users to gain access to the Euro coin (EURC) on Stellar. As a leading blockchain technology firm, MYKOBO has a mission to make cross-border payments more affordable, faster, simpler, and transparent through the use of EURC. The company’s aim is to deliver a secure and user-friendly platform that allows customers to purchase, sell, and store digital currencies.

EURC Stablecoin

The strategic alliance between MYKOBO and Pendulum presents a valuable opportunity for Pendulum users to access EURC, an asset-backed stablecoin with a 1:1 peg to the Euro fiat currency. The EURC provides a bridge connecting the European financial infrastructure to the blockchain using the Stellar Network. MYKOBO’s API integrated with Pendulum’s infrastructure will allow businesses to interact with EURC on their platforms and dApps seamlessly.

This partnership marks a significant milestone for both organizations and underscores the escalating significance of digital currencies in the African market. As MYKOBO and Pendulum join forces, their collaboration will undoubtedly set the stage for further fintech innovation in the region, thereby facilitating greater access to financial services and fostering increased participation in the digital economy.

Source: Steller EURC Asset Overview

DeFi For All

The partnership between MYKOBO and Pendulum will allow Pendulum customers to access MYKOBO’s digital currency, EURC, along with other digital currencies, such as USDC, on the Pendulum platform. This integration will enable Pendulum customers to use a Euro stablecoin that is fast, secure, and cost-effective.

Another goal of the partnership is to expand access to financial services in Africa. The collaboration between MYKOBO and Pendulum will enable customers to transact digitally, making it easier and more cost-effective to transfer money and pay for goods and services. This will help to bridge the gap between traditional financial services and the digital economy, promoting financial inclusion and economic growth in the region.

“Having faced the challenges of traditional banking in Nigeria, I recognize the need for improved financial access. Our partnership with Pendulum expands access to our stablecoin, EURC, and simplifies digital transactions. This collaboration aims to bridge the gap between conventional finance and the digital economy, fostering global financial participation.” Seyi Akin-Olugbemi, MYKOBO CEO.


We believe that this partnership will pave the way for other fintech collaborations in the region, enabling more people to access financial services and participate in the global financial system. Stay up-to-date by joining the Pendulum community on social media for the latest news and updates. With each collaboration and technological advancement, we are constructing a Web3 infrastructure that connects fiat to DeFi and fosters a more financially inclusive world!


MYKOBO operates the EURC stablecoin pegged 1:1 with the Euro to provide a bridge connecting the European financial infrastructure to the blockchain using the Stellar Network.

About Pendulum

Building the missing link between fiat and DeFi through a fiat-optimized smart contract blockchain based on Polkadot’s Substrate. Allowing traditional finance fiat services to integrate with DeFi applications such as specialized forex AMMs, lending protocols, or yield farming opportunities. Developed by SatoshiPay.

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Traditional finance infrastructure blockchain. The missing link between fiat and DeFi. Limitless fiat. Decentralized future.

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