With EURR you can move money in seconds around the globe utilizing blockchain networks and (de)centralized exchanges and protocols. This section shows you the steps how to redeem fiat Euros from EURR programmatically on the Ethereum network via EURR its sole issuer, StablR.

By following the steps to programmatically Sell EURR, you can automate the redemption flow for EURR in your own app or platform.

Getting Started

Make sure to have access to or configure the following services:

1. StablR Account, to configure your programmatic access, register your business bank account and whitelist your institutional wallet.
2. StablR API, to programmatically initiate orders, retrieve fiat transfer details, and manage your wallets in your StablR Account.
3. Banking Partners, gain access to your bank account(s) so that you can move and receive fiat funds to and from StablR.
4. Blockchain Wallets, have access and setup your (institutional) blockchain wallet that supports the blockchain on which you buy EURR.

Configure StablR Account

For the minimum configuration required, to be able to Sell EURR, make sure you have access to:

• The (institutional) wallet provider which you hold a whitelisted wallet with, for sending the EURR to StablR.
• The Banking Partner which you hold a registered bank account with, to use for receiving the Euros into.

1. Register your Bank Account

To register the bank account you wish to use to convert fiat Euros into EURR, you need access to the StablR Account.

Manage your Bank Account

To manage your Bank Account you need to access the StablR Account and go the the Account > Bank Accounts dashboard. In this dashboard you can view, add, and remove your Bank Account.

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Bank Accounts

To manage your Bank Account you need to have the Treasury Manager role as a user in your StablR Account.

Add your Bank Account

To register your Bank Account, access the StablR Account and go to Account > Bank Accounts, then select Add Bank Account.

Subsequently, provide the following input:

1. Select the Account Type of Bank Account (i.e. SEPA, SWIFT, BLINC).
2. Enter a the beneficiary name as Bank Account Holder.
3. Provide the Account Number (IBAN or bank account number) of the respective Bank Account.
4. Add the BIC/SWIFT code of the respective Bank Account.
5. Provide the details of the Issuer Bank corresponding to the Bank Account (Bank Name, Address, Postal Code, City, Country).
6. Upload a recent Bank Account Statement of the respective Bank Account for verification purposes.
7. Click Add Bank Account.

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Bank Account Validation

When adding the Bank Account to your StablR Account it will be in PENDING status. StablR will verify the registration of your business bank account which will mark it as APPROVED.

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BLINC Account Type

In case you add a BLINC Account Type, the BLINC ID will be requested as an input variable instead of the Account Number and BIC/SWIFT. A BLINC account can only be added if you are a customer and have enabled access to the BLINC network from the BCB Group.

2. Whitelist your Wallet

You are able to whitelist your wallet at StablR in two ways. First, you are able to programmatically manage your wallets using the StablR API. Second, you can manually add it via the StablR Account.

Learn here how to Whitelist a Wallet programmatically!

Manually manage your Wallets

To manage your Wallets manually you need to access the StablR Account and go the the Account > Wallets dashboard. In this dashboard you can view, whitelist, and remove your Wallets.

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Wallets

To manage your Wallets you need to have the Treasury Manager role as a user in your StablR Account.

Manually whitelist a Wallet

To whitelist a Wallet, access the StablR Account and go to Account > Wallets, then select Add Wallet.

Subsequently, provide the following input:

1. Select the Type of Wallet (i.e. MetaMask, Fireblocks, Ledger, etc.).
2. Enter a Name for the Wallet.
3. Provide the Wallet Address of the Wallet.
4. Click Add Wallet.

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Wallet Validation

When adding the Wallet to your StablR Account it will be in PENDING status. StablR will verify the whitelisting of your wallet which will mark it as APPROVED.

3. Get an API Key

To use StablR's API services you should also create an API Key.

Learn here how to Create an API Key!

Sell EURR

Now start initiating your Sell Order and learn in this section how to programmatically Sell EURR.

After the process has completed you will receive the corresponding redeemed fiat Euros on your Bank Account based on the banking hours of your banking partner.