Introducing PLNY: Poland's First Native Digital Złoty
We're excited to announce the launch of PLNY, the first Polish złoty stablecoin. Learn about our vision for European financial sovereignty and how PLNY fits into the broader Olbra ecosystem.
Today marks a significant milestone in the journey toward European financial sovereignty. We are proud to announce the launch of PLNY—Poland's first native digital złoty stablecoin—and the foundation of what we believe will become critical infrastructure for the future of European finance.
The Problem We're Solving
The global stablecoin market is dominated by US dollar-denominated tokens. While these serve an important purpose, they create a dependency on American financial infrastructure and leave European users—particularly those in non-eurozone countries like Poland—without native digital currency options.
For Polish businesses and consumers, this means unnecessary friction: converting between currencies, paying FX fees, and navigating regulatory uncertainty. PLNY eliminates these barriers by providing a stablecoin that's native to the Polish economy.
How PLNY Works
PLNY maintains a 1:1 peg with the Polish złoty through a straightforward mechanism:
- Full Reserve Backing: Every PLNY token is backed by actual PLN held in segregated accounts at regulated Polish banking partners.
- Regular Audits: Third-party auditors verify our reserves monthly, with attestations published publicly.
- Instant Redemption: Users can mint or redeem PLNY at any time, ensuring the peg remains stable.
- MiCA Compliance: We're building to meet the EU's Markets in Crypto-Assets regulation from day one.
The Stablecoin Triangle
PLNY is just the first piece of our broader vision. Together with EURY (Euro) and USDY (US Dollar), these three stablecoins form what we call the "Stablecoin Triangle"—a complete set of digital currencies enabling seamless value transfer across the most important currency pairs for European users.
This triangle creates a self-reinforcing ecosystem where liquidity flows naturally between currencies, DeFi protocols generate yield, and real-world assets can be tokenized and traded.
What's Next
The launch of PLNY is just the beginning. Over the coming months, we'll be rolling out:
- DeFi protocols for lending, borrowing, and trading
- Real-world asset tokenization, starting with Polish government bonds
- Payment cards and on/off ramps for everyday use
- The $OLBRA governance token for ecosystem participation
Join Us
We believe that financial sovereignty matters—for individuals, for businesses, and for nations. PLNY represents Poland's entry into the digital currency era on its own terms, with infrastructure built by Poles, for Poles, and for all Europeans who share our vision.
Ready to get started? Learn more about our stablecoins or read our documentation for technical details.