Trade
The Softseco mark in glossy blue, its lower half dissolving into small cubes

Private amounts.
Public rules.

Softseco builds confidential, compliant payments on Solana. The amount stays encrypted and every transfer still follows the token's rules.

Try it on devnet Read the whitepaper
A field of white cubes with blue cubes rising in the shape of the Softseco mark

A confidential dollar, by design.

eUSD is a full-reserve dollar stablecoin planned under MiCA, redeemable one to one. Launch targeted for the first half of 2028.

Why eUSD Transparency
Stacked translucent sheets on a blue ground with small cubes lifting off the top sheet

Live on Solana devnet.

Send a confidential payment in your browser. Every step is a real devnet transaction.

Open the playground Developer tools

PAPER

Issue and redeem eUSD one to one. A reference version runs on Solana devnet today.

Explore

Developer tools

Confidential transfers and a compliance hook for Token-2022, in TypeScript and Rust.

Learn more

Who can read the amount?

A confidential transfer encrypts the amount for the sender, the recipient and a designated auditor. Solana checks zero-knowledge proofs that the transfer is valid, so the number itself never appears on-chain.

01

Encrypt

Balances and amounts are encrypted with Token-2022 confidential transfers. Wallets decrypt them locally.

02

Enforce

A compliance hook checks every transfer against allowlists and blocklists, and records the reason for each action on-chain.

03

Disclose

An auditor key, held off-chain, opens a single transfer on lawful request. Each use leaves a hash commitment on-chain.

Confidential transferDevnet
Sender
25.00
Recipient
25.00
Auditor
25.00
Everyone else
Proofs verified on-chain
eUSD
1 eUSD = 1 USD · redeemable at par
You see: 250.00, in your walletOthers see: ciphertext on-chain
Standard
SPL Token-2022
Regulation
MiCA e-money token (planned)
Protocol fees
0%

Why eUSD?

Private by default

Amounts and balances stay encrypted. Only the sender, the recipient and a designated auditor can read them.

Built for regulation

Designed as an e-money token under MiCA, with lawful disclosure and on-chain rules for every transfer.

A standard Solana token

Built on Solana's Token-2022 program, used unmodified, so eUSD stays compatible with the wallets and indexers built for it.

Fast, around the clock

Settles in seconds on Solana, 24/7, with no protocol fee.

eUSD is not yet issued. Launch targeted for the first half of 2028, after authorisation.

One dollar for every kind of payment.

What eUSD is designed for, once it is live.

Peer-to-peer payments

Send dollars to anyone at any hour. The amount stays between you and the recipient.

Payroll

Pay salaries on-chain without publishing who earns what.

Supplier invoices

Settle invoices without showing your suppliers, prices and volumes to competitors.

Treasury

Hold and move company balances without exposing them on a block explorer.

Exchange listings

A MiCA e-money token that venues can list under their existing licence.

OTC and settlement

Settle trades and business transfers in seconds, 24/7, with no protocol fee.

Two licences, two markets, and more in the future.

The EU licence comes first, from Malta's financial regulator, the MFSA. The United States follows it.

To apply · Q3 2027

European Union

E-money institution licence · MiCA

The licence MiCA requires to issue an e-money token. With it, eUSD can be offered across the European Economic Area. Our planned issuer, Softseco Digital Assets Distribution EU Ltd in Malta, will apply to the MFSA.

From mid-2028

United States

Payment stablecoin issuer · GENIUS Act

The approval the GENIUS Act requires to issue a payment stablecoin in the United States. Either our Maltese issuer registers with the OCC, or our US subsidiary applies for its own licence.

No application has been filed yet.

From developer tools to a licensed dollar.

2026

Infrastructure

SDK, compliance hook and PAPER on devnet

Now
Q1 2027

Seed and companies

Seed round, incorporation, independent audits

Q3 2027 – Q1 2028

Licence

E-money licence application in Malta

H1 2028

eUSD launch

Mainnet after authorisation

Mid-2028+

United States and growth

US access, eEUR, more chains

Full roadmap

Let's build together.

Partner with Softseco

For banks, exchanges, wallets and payment companies that want confidential settlement and early access to eUSD.

Contact us

Build with Softseco

Add confidential transfers and on-chain rules to your app. Try it free on Solana devnet.

Start building