About Eurite (EURI)
Eurite (EURI) is a stablecoin designed to maintain a 1:1 value with the Euro. It operates under the regulatory framework of the Markets in Crypto-Assets Regulation (MiCA) within the European Economic Area.
The project is issued by Banking Circle S.A., a credit institution based in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier (CSSF). It is one of the initial Euro-denominated stablecoins aligned with MiCA requirements.
EURI is used for digital transactions and stable-value transfers on blockchain networks. It is available as an ERC-20 token on Ethereum and as a BEP-20 token on the BNB Chain. This cross-chain functionality enables interaction with various decentralized platforms.
The issuing institution applies a bankruptcy-remote structure, separating customer funds received in exchange for EURI from its corporate assets. An independent auditor verifies the 1:1 Euro backing of the token.
EURI was developed by Banking Circle S.A., which also serves as the regulated entity responsible for issuance and compliance.
The circulating and total supply of EURI is 42,810,000 tokens. EURI is available on Binance for purchase and trade. The live price of EURI is available in real time on Binance.