Lugh is a French financial technology company founded to create a reliable and transparent digital Euro. Its flagship product is the EURL, a stablecoin pegged 1:1 to the Euro. Each EURL is backed by an equivalent amount of Euros held in a segregated bank account at Société Générale. The company emphasizes regulatory compliance, being registered as a Digital Asset Service Provider (DASP) with the French Financial Markets Authority (AMF). Lugh's mission is to provide a secure and stable digital asset for transactions, trading, and DeFi applications, with its reserves being audited by major accounting firms to ensure full transparency.

Founded in

France