EURI: Euro-Backed Stablecoin

Quick Facts about EURI

• EURI is a stablecoin designed to keep a 1:1 peg to the euro.
• The token is issued by a Luxembourg-based regulated financial institution and aims to meet European regulatory standards.
• EURI runs on Ethereum and other EVM-compatible networks and its smart contracts are audited by independent blockchain security firms.

What Is EURI?

EURI is a digital token that represents a real euro, bringing the stability of one of the world's most trusted currencies to the blockchain. By being pegged 1:1 to the euro, EURI eliminates the extreme price volatility common to other cryptocurrencies.

For individuals and businesses, that stability can simplify cross-border transfers, reduce settlement times, and make it easier to move value on-chain without exposure to large price swings.

How EURI Maintains its 1:1 Peg to the Euro

EURI’s stability is backed by a straightforward and transparent mechanism: fully-backed reserves.

For every EURI token in circulation, there is a corresponding euro held in a custodial account at a regulated financial institution. The supply of EURI is managed through a simple mint-and-burn process:

• Minting (Creation): When an institution deposits euros with the issuer, an equivalent amount of new EURI tokens is created ("minted") and sent to their digital wallet.
• Burning (Redemption): When an institution wants their euros back, they return the EURI tokens to the issuer. The tokens are then permanently destroyed ("burned"), and the equivalent amount of euros is transferred back to their bank account.

This 1:1 backing is verified through regular financial audits and attestations, providing transparency and confidence that the circulating supply is fully collateralized.

Technology: Blockchains and Standards

EURI is issued as a smart-contract token on Ethereum and on at least one large EVM-compatible network. On Ethereum it follows the ERC-20 token standard, which makes it compatible with many wallets, exchanges, and decentralized finance protocols. The presence on multiple chains improves accessibility and lowers friction for transfers across different ecosystems.

Security and Transparency

Security practices typically include third-party audits of smart contracts and periodic checks of the fiat reserves that back the token. Independent security firms review the code to reduce the risk of vulnerabilities, while regular attestations or audits of the reserves increase transparency for holders.

These safeguards do not remove all risk, but they provide stronger assurances than unaudited or uncollateralized solutions.

How to Get and Use EURI

Retail users can typically buy or trade EURI on major crypto trading platforms and store it in compatible wallets. Trading pairs often include euro-denominated or widely used stablecoin pairs.

Institutions that want to mint EURI generally open an account with the issuer, deposit euros, and receive newly minted tokens into a designated wallet. Redemption follows the reverse flow: tokens are returned to the issuer, burned, and euros are transferred back to the institution’s bank account.

Main Use Cases

Payments and Merchant Acceptance

Because EURI tracks the euro, merchants and service providers can accept digital payments with minimal exposure to crypto volatility. Settlement in a stable value simplifies accounting and reduces currency risk.

Low-Cost Cross-Border Transfers

Moving euros on-chain can be faster and cheaper than traditional banking rails, especially for cross-border remittances where banking fees and processing times are usually high.

24/7 Settlement and Operational Liquidity

Blockchains enable transfers at any time of day, which helps businesses settle trades or move funds outside bank operating hours.

Decentralized Finance (DeFi) and On-Chain Programs

Stablecoins like EURI can be used in smart contracts for lending, automated market making, and other DeFi applications where a predictable unit of account is required.

Why EURI Matters

EURI offers a bridge between traditional euro-denominated finance and blockchain-native services. Regulatory alignment and on-chain availability make it an attractive option for firms seeking euro liquidity in crypto environments while retaining familiar fiat value.

That said, users should still consider custody, counterparty, and smart contract risks before holding or integrating any stablecoin.

Final Thoughts

EURI is useful when you need a euro-equivalent stored or transferred on blockchain rails—whether for faster payments, smoother remittances, or participation in tokenized finance. Its blend of fiat backing, regulatory orientation, and multi-chain availability positions it as a practical tool for euro-denominated digital transactions.