Eurite (EURI) stablecoin analytics
EURI is Banking Circle's MiCA-licensed euro stablecoin, issued by a Luxembourg credit institution with fee-free 1:1 redemption against segregated euro reserves.
Static Profile
Static stablecoin profile
Eurite (EURI) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Euro.
AI summary / Updated Jun 3, 2026
EURI is Banking Circle's MiCA-licensed euro stablecoin with fee-free 1:1 redemption — a credit-institution wrapper engineered for Binance distribution. Eurite exists because Binance needed a MiCA-compliant euro stablecoin and Banking Circle had the Luxembourg CSSF credit...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- Euro cash and low-risk liquid assets held in segregated fiduciary accounts, bankruptcy-remote from Banking Circle S.A.
- Peg Mechanism
- Direct 1:1 redemption at par (fee-free) by Banking Circle S.A.
- Jurisdiction
- Luxembourg / CSSF / Credit Institution (MiCA)
- Proof Of Reserves
- Independent Audit by Ernst & Young Reserve source
Snippet Answer
Is EURI safe?
Pharos does not mark EURI as absolutely safe. Static metadata says Eurite uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Ernst & Young; 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 euri-banking-circle
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 Jun 3, 2026.
EURI quick answers
What is Eurite (EURI)?
EURI is Banking Circle's MiCA-licensed euro stablecoin, issued by a Luxembourg credit institution with fee-free 1:1 redemption against segregated euro reserves. The static profile records its Euro peg mechanism as: Direct 1:1 redemption at par (fee-free) by Banking Circle S.A.
What backs EURI?
Pharos classifies EURI backing as Real-World Asset Backed. Collateral, per the static profile: Euro cash and low-risk liquid assets held in segregated fiduciary accounts, bankruptcy-remote from Banking Circle S.A. Reserve evidence: Independent Audit from Ernst & Young.
Can EURI 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 EURI, when applicable, appear in the dossier below.