Pendulum XCM Disclosures

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 #98 with the associated hash:

0xd551e9bdbd7e321d4684ba41967bf75d41af342c0294506c9c1b21d2ac7de68d

Technical details:

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

0x72000fd9b30b7aa9d8cb8912133213ec08a6010500b92004350508060445555243000000000000000000000000000000000000000000000000000000000620cf4f5a26e2090bb3adcf02c7a9d73dbfe6659cc690461475b86437fa49c711360c207863455552432e7354436972636c65204555524320285374656c6c617229