The Institutional
Vault for
Digital Euros

VLEUR (VL Euro) is a regulated, EUR backed stablecoin issued by Vault Protocol OÜ, operating on Polygon Mainnet. Each VLEUR token is backed 1:1 by real euros held in regulated financial institutions. Designed for institutions and individuals who need a reliable, transparent digital euro.

Vault Protocol OÜ is incorporated in Estonia, operating within the EU regulatory framework including MiCA (Markets in Crypto Assets Regulation). We comply with FATF anti money laundering standards and applicable data protection requirements. All reserves are held in regulated institutions subject to independent monthly attestations.

VLEUR is available globally, except sanctioned jurisdictions (Cuba, Iran, North Korea, Syria and OFAC designated territories). Users from all other countries can register, complete KYC and use the platform. SEPA payment methods are limited to European countries.

VLEUR operates under international financial regulations (FATF) that require identity verification for all users. KYC protects you and ensures platform stability. Higher verification levels unlock higher mint and redeem limits. Your data is processed securely by Didit and never sold to third parties.

Identity verification (passport + selfie) is processed automatically and typically takes 2 to 5 minutes. Cases requiring additional review can take up to 24 hours. Proof of address documents are reviewed within 24 hours of upload. If it has been longer, contact us at support@vlprotocol.io.

We accept utility bills (electricity, gas, water, internet), bank statements or official government letters. The document must show your full name and address, and must be issued within the last 3 months. Mobile phone bills and screenshots are not accepted. Please upload the original PDF or a clear photo.

KYB (Know Your Business) is the verification process for corporate and institutional users. It requires company incorporation documents, director identification, and beneficial owner (UBO) declarations. KYB unlocks the Institutional tier with unlimited mint and redeem capacity.

A one time €5.00 activation fee is charged on your first mint, covering the cost of identity verification (KYC) and a small amount of POL (Polygon's native gas token) sent automatically to your wallet so you can pay for your first blockchain transactions. This fee is charged only once. All subsequent mints have no fixed fee.

SEPA transfers typically arrive within 1 business day. SWIFT transfers can take 2 to 5 business days depending on the sending bank. Once your funds are received and the reference verified, your VLEUR will be minted and credited to your wallet within a few hours. Always include the exact reference code shown in the portal.

Yes. You can mint VLEUR by sending USDC on Polygon Mainnet. The system detects the transfer automatically. Credit and debit card payments are also supported via Stripe, with a 1.5% processing fee. USDT and other stablecoins are not accepted.

Go to the Redeem section in the portal, enter the amount and your bank account details (SEPA or SWIFT). Once approved, your VLEUR will be burned and EUR wired to your bank account. SEPA redemptions settle in 1 to 2 business days. SWIFT can take 2 to 5 business days.

VLEUR operates on Polygon Mainnet. Any WalletConnect compatible wallet works. We recommend: Never share your seed phrase or private key with anyone.

Click the button below to add Polygon automatically, or enter these settings manually: ⬡ Add Polygon to my wallet automatically

There are two common reasons:

1. Wrong network. If your wallet is connected to Ethereum or another network, VLEUR won't appear. It only exists on Polygon Mainnet (Chain ID 137). Switch to Polygon and refresh.

2. Token not added. Even on Polygon, some wallets don't show tokens automatically. Add VLEUR manually using the contract address:
In MetaMask: go to Tokens → Import token → paste the address above.

You'll see a warning banner at the top of the portal. Click "Switch to Polygon" and your wallet will ask you to confirm the change. Or switch manually:

Vault Protocol OÜ can freeze tokens associated with illegal activity, sanctions violations, or upon receipt of a valid legal order from a competent authority. This is a standard compliance feature in all regulated stablecoins (including USDC). For users in good standing with completed KYC, there is no risk of having tokens frozen.

An independent security audit with Cyberscope is scheduled prior to mainnet deployment, following the same process already completed for VLUSD. The VLEUR contract will share the same audited architecture, adapted for EUR and MiCA requirements. Once deployed, the contract will be verified on Polygonscan so anyone can read the source code.