Questions, answered plainly.
What Olbra is, how the tokens are backed, who regulates what. If it isn't here, ask us directly.
What we are. And what we're not.
What is Olbra?
A regulated stablecoin platform. Olbra issues fully‑reserved MiCA e‑money tokens (the euro (EURY), złoty (PLNY) and dollar (USDY) are all deployed and source‑verified on Ethereum mainnet; EURY is in issue), plus tokenised assets and the rails that move them. All of it runs on licenses the company owns outright.
Is Olbra a bank, an exchange, or a crypto company?
None of the three. Olbra is a licensed e‑money issuer group, a defined category in EU law with enforceable obligations: full reserves, redemption at par, named supervisors.
Is there an Olbra app I can download?
Not yet. A consumer app is on the roadmap, but today Olbra is infrastructure‑first: partners (exchanges, fintechs, treasuries) integrate the tokens and rails. Retail access comes through those channels first.
Who is behind Olbra?
Olbra ApS, a Copenhagen‑based e‑money institution supervised by the Danish FSA, with an operating team in Poland.
EURY. PLNY. USDY.
What are EURY, PLNY and USDY?
Fully‑reserved digital cash in three currencies (the euro, the złoty, and the US dollar), issued as MiCA e‑money tokens and redeemable 1:1, on demand.
What does "live" versus "notified" mean?
EURY, PLNY and USDY are all deployed and source‑verified on Ethereum mainnet today; EURY is in issue, and PLNY and USDY are deployed. USDY's whitepaper has been notified to the Danish FSA (the MiCA process for e‑money tokens) and USD custody is live at Citibank; the US is where it is intended to go, once a federal framework is in force and we are authorised under it. That is a direction, not a date.
Are they cryptocurrencies?
No. They are regulated digital cash, not crypto exposure. The price doesn't come from a market; it comes from full reserves and a legal right to redeem at par.
Which chains do they run on?
Ethereum and a dedicated institutional settlement network. On Ethereum the tokens are composable in DeFi: Morpho markets and Uniswap V4 pools; on the settlement network they clear alongside institutional participants.
Who issues them?
Olbra ApS, a Danish e‑money institution supervised by the Danish FSA, mints the tokens; EUI AG in Liechtenstein, a partner structure, carries the FMA‑approved prospectus for the asset products. Every licence resolves to a public register.
Backed, segregated, redeemable.
How are the tokens backed?
1:1. Reserve assets at least equal to tokens in circulation, held at credit institutions and segregated from operating funds. No fractional reserve, no rehypothecation. USD reserves sit at Citibank.
Can I always redeem at par?
Yes. Under MiCA, redemption at par is an enforceable holder right, on demand, not at the issuer's discretion.
How can I verify the reserves?
Each token has a published whitepaper (read them here), and the issuer sits on a public register. On‑chain verification is coming too: Chainlink Proof of Reserve for PLNY, with Secure Mint blocking issuance beyond verified reserves, is in deployment for PLNY's commercial launch.
What happens to my money if Olbra fails?
Reserves are safeguarded and segregated by law; they are not the issuer's operating money. Holder rights are defined in the whitepapers and supervised by named regulators. That's the difference between a legal regime and a promise.
Where the money moves.
Who are the rails for?
Exchanges, fintechs, corporate treasuries, and banks. Integrate once and reach institutional settlement, on‑chain liquidity, and retail distribution across three currencies.
How do institutions settle?
On a dedicated institutional settlement network, where the tokens move alongside regulated market participants, around the clock, in seconds.
How would an individual get the tokens?
Today, through a licensed fiat on‑ramp partner across Central Europe. Over time, through exchanges (that's a distribution path, not a current claim), and eventually the consumer app on our roadmap.
The layer above cash.
What is the Olbra Money Market Fund?
The forthcoming flagship of the asset layer: institutional money‑market yield in a single regulated token, issued under EUI AG's FMA‑approved prospectus and passported across the EEA.
What about tokenised gold and silver?
Forthcoming, on the same regulated rails as the cash layer. One token, one gram of metal. Custody and audit details will be published ahead of launch.
What yield will the products pay?
We don't advertise numbers pre‑launch. Yield reflects the underlying money‑market instruments, and the exact terms will be in the product documentation at launch, not in marketing copy.
The token is not the money.
What is $OLBRA?
The planned ecosystem token over the whole platform: governance, loyalty, and value capture. It's in design, with token generation targeted for 2026; the design is subject to change and regulatory review.
Is $OLBRA a stablecoin?
No. $OLBRA is not an e‑money token, not a stablecoin, and confers no claim on any reserve. The regulated money and the ecosystem token are deliberately separate layers.
Supervised, by name.
Who regulates Olbra?
The Danish FSA supervises Olbra ApS, the issuing e‑money institution. The FMA in Liechtenstein approved EUI AG's prospectus. In Poland, Olbra holds a stake in Stabillon, the only licensed e‑money institution in Poland.
Will I need to complete KYC?
Yes, wherever MiCA and EU anti‑money‑laundering rules require it. Partner channels (exchanges, on‑ramps) carry their own KYC processes; direct Olbra products will require verification at onboarding.
Where is Olbra available?
Across the European Economic Area, via MiCA passporting. The US is the stated direction: USDY is deployed on‑chain with custody in place. We are not authorised there and hold no US permission — clearing Europe's stricter regime first is a matter of sequence, not of approval elsewhere.