Usual EUR (EUR0) stablecoin analytics
EUR0 is Usual's euro stablecoin, minted by depositing eligible RWA collateral such as Spiko's tokenized Eurozone Treasury-bill fund (EUTBL) through Usual's app.
Static Profile
Static stablecoin profile
Usual EUR (EUR0) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg Euro.
AI summary / Updated May 15, 2026
EUR0 is Usual's euro stablecoin minted from tokenized Eurozone T-bill collateral such as Spiko's EUTBL; centralized issuer rails. EUR0 is Usual's euro-denominated stable asset, admitted through CoinGecko market data and an Ethereum contract. The reserve thesis points to Spiko's...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Euro-denominated collateral tokens, primarily Spiko EUTBL tokenized Eurozone Treasury-bill fund shares, held through Usual's EUR0 collateral module
- Peg Mechanism
- Users mint EUR0 by depositing eligible euro RWA collateral such as Spiko EUTBL, or indirectly by depositing EURC while a collateral provider supplies the RWA; redemption swaps EUR0 back into the underlying euro collateral through Usual's dApp
- Jurisdiction
- France
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Ethereum.
Snippet Answer
Is EUR0 safe?
Pharos does not mark EUR0 as absolutely safe. Static metadata says Usual EUR uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety eur0-usual
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
EUR0 quick answers
What is Usual EUR (EUR0)?
EUR0 is Usual's euro stablecoin, minted by depositing eligible RWA collateral such as Spiko's tokenized Eurozone Treasury-bill fund (EUTBL) through Usual's app. The static profile records its Euro peg mechanism as: Users mint EUR0 by depositing eligible euro RWA collateral such as Spiko EUTBL, or indirectly by depositing EURC while a collateral provider supplies the RWA; redemption swaps EUR0 back into the underlying euro collateral through Usual's...
What backs EUR0?
Pharos classifies EUR0 backing as Real-World Asset Backed. Collateral, per the static profile: Euro-denominated collateral tokens, primarily Spiko EUTBL tokenized Eurozone Treasury-bill fund shares, held through Usual's EUR0 collateral module Reserve evidence: live reserve feed configured.
Can EUR0 be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for EUR0, when applicable, appear in the dossier below.