# PLT

> Polish Złoty stability in the Web3 era

PLT is a stablecoin pegged 1:1 to the Polish złoty, backed by segregated fiat reserves and issued under an EMI license.

PLT serves financial institutions, enterprises, and individual users who need stable digital currency denominated in Polish złoty. Users can settle B2B transactions, reduce FX risk, and integrate PLN-denominated payments into smart contract workflows. Each token is backed by one Polish złoty held in legally segregated accounts at regulated financial institutions.

- Type: Protocol
- Sector: Payments
- Status: Announced
- Founded: 2025-11-01
- Profile: https://thegrid.id/profiles/plt

## Products

- [PLT Issuance](https://thegrid.id/profiles/plt): PLT Issuance is a fiat-backed stablecoin issuance platform that mints PLT, a PLN-pegged token backed 1:1 by Polish złoty held in segregated accounts at regulated financial institutions. Operating under an EMI license from Norway's Finanstilsynet, it enables financial institutions and enterprises to settle payments, manage treasury positions, and integrate PLN-denominated tokens into smart contracts. (Stablecoin Issuer, In Development, Main Product)

## Assets

- [PLT (PLT)](https://thegrid.id/profiles/plt): PLT is a PLN-pegged stablecoin issued by Norwegian Block Exchange AS under an EMI license. It is used for B2B payments, cross-border PLN settlements, and digital cash management by financial institutions and enterprises. Each token is backed 1:1 by Polish złoty held in legally segregated bank accounts, with reserves protected from the issuer's operational liabilities. (Stablecoin)

## Links

- [Main](https://plt.network)
- [Privacy policy](https://plt.network/privacy-policy)
- [Terms of Service](https://plt.network/terms-of-service)

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