<a href="https://forum.moonbeam.network/t/xcm-disclosure-pendulum/1395">Pendulum XCM Disclosures</a>
TL:DR
This proposal if accepted registers xcEURC.s as a foreign asset on the Moonbeam Network.
Summary
This proposal requests the registration of EURC.s asset as xcEURC.s, with the following details:
Multilocation: { parents: 1, interior: { X5: [ { Parachain: 2094 }, { PalletInstance: 53 }, { GeneralIndex: 2 }, { GeneralKey: { length: 4, data: 0x4555524300000000000000000000000000000000000000000000000000000000 } }, { GeneralKey: { length: 32, data: 0xcf4f5a26e2090bb3adcf02c7a9d73dbfe6659cc690461475b86437fa49c71136 } } ] }} Decimals: 12 Name: Circle EURC (Stellar) Symbol: xcEURC.s
xcEURC.s is the bridged Circle's EURC token bridged to Pendulum, and will have the following asset ID and XC-20 address:
Asset ID: 220698173844663170714431919474506717455 XC-20 address: 0xffffffffa608ec1332131289cbd8a97a0bb3d90f
Use Cases:
<ul>
<li>Bringing the most trusted regulated and MiCA compliant EUR token to Moonbeam community, would enable various use cases like:</li>
<li>Option for the community to hold a euro stablecoin. Currency trading and risk hedging &mdash; between USDC and EURC. Lending and borrowing on dApps. On-Chain Proposal Reference</li>
</ul>
On-Chain Proposal #94 with the associated hash:&nbsp;0x8d825a0ce5f79f2bf5dae44a85208453ea92b9ef6b9f2faf4730b569c24bdbfc
Technical details:
This proposal only registers Circle's EURC (Stellar) token as xcEURC.s, as HRMP channels with Pendulum are already established.
The asset will be registered with the metadata described in the summary. The setAssetUnitsPerSecond was calculated using the value for EURC value on [DATE OF PROPOSAL], targeting a XCM transaction cost of 0.02$.
0x690000010500b92004350508060445555243000000000000000000000000000000000000000000000000000000000620cf4f5a26e2090bb3adcf02c7a9d73dbfe6659cc690461475b86437fa49c711364c5374656c6c617220436972636c652045555243187863455552430c000100000000000000000000000000000001
&nbsp;

[Pendulum XCM Disclosures](https://forum.moonbeam.network/t/xcm-disclosure-pendulum/1395)

**TL:DR**

This proposal if accepted registers xcEURC.s as a foreign asset on the Moonbeam Network.

**Summary**

This proposal requests the registration of EURC.s asset as xcEURC.s, with the following details:

Multilocation: { parents: 1, interior: { X5: \[ { Parachain: 2094 }, { PalletInstance: 53 }, { GeneralIndex: 2 }, { GeneralKey: { length: 4, data: 0x4555524300000000000000000000000000000000000000000000000000000000 } }, { GeneralKey: { length: 32, data: 0xcf4f5a26e2090bb3adcf02c7a9d73dbfe6659cc690461475b86437fa49c71136 } } \] }} Decimals: 12 Name: Circle EURC (Stellar) Symbol: xcEURC.s

xcEURC.s is the bridged Circle's EURC token bridged to Pendulum, and will have the following asset ID and XC-20 address:

Asset ID: 220698173844663170714431919474506717455 XC-20 address: 0xffffffffa608ec1332131289cbd8a97a0bb3d90f

**Use Cases:**

*   Bringing the most trusted regulated and MiCA compliant EUR token to Moonbeam community, would enable various use cases like:
*   Option for the community to hold a euro stablecoin. Currency trading and risk hedging — between USDC and EURC. Lending and borrowing on dApps. On-Chain Proposal Reference

On-Chain Proposal #94 with the associated hash: 0x8d825a0ce5f79f2bf5dae44a85208453ea92b9ef6b9f2faf4730b569c24bdbfc

**Technical details:**

This proposal only registers Circle's EURC (Stellar) token as xcEURC.s, as HRMP channels with Pendulum are already established.

The asset will be registered with the metadata described in the summary. The setAssetUnitsPerSecond was calculated using the value for EURC value on \[DATE OF PROPOSAL\], targeting a XCM transaction cost of 0.02$.

0x690000010500b92004350508060445555243000000000000000000000000000000000000000000000000000000000620cf4f5a26e2090bb3adcf02c7a9d73dbfe6659cc690461475b86437fa49c711364c5374656c6c617220436972636c652045555243187863455552430c000100000000000000000000000000000001

Register new asset with the asset manager

- Problem Statement: Registering xcEURC.s as a foreign asset on the Moonbeam Network for the community.
- Significance: Enabling various use cases like holding a euro stablecoin, currency trading, lending, and borrowing on dApps.
- Proposed Solution: Registering Circle's EURC token as xcEURC.s with specific details and metadata.
- Expected Outcomes: Facilitating access to a regulated EUR token, fostering currency trading, and enhancing on-chain financial activities.

#94 [DO NOT VOTE] Register Asset xcEURC.s (bridged Circle's EURC) from Pendulum Chain

No Active Proposals