• Eurite (EURI) is a 1:1 EUR-backed stablecoin regulated by the Markets in Crypto-Assets Regulation (MiCA) in the EEA.

  • EURI is issued by Banking Circle S.A., a credit institution under the supervision of the Luxembourg Commission de surveillance du secteur financier (“CSSF”).

  • Being one of the first MiCA regulated EURO stablecoin is important as it ensures compliance with stringent EU standards, enhancing trust, credibility, and confidence for holders. Regulatory compliance with MiCA ensures consumer protection, transparency, and financial stability, reducing legal risks and promoting transparency and safety.

  • EURI operates on a bankruptcy remote structure where all customer funds that are received by Banking Circle as fiat currency for the purchase of the EURI, will be segregated in another account, separate from Banking Circle’s own assets, in accordance with the 2003 Act (the “Safeguarded Customer Funds”)

  • Banking Circle and EURI is attested by a top-tier auditor to ensure tokens in circulation are backed 1:1.

  • EURI is available on Ethereum and BNB Chain with planned support for an increasing number of blockchains.

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