EURe
Monerium EURe
active
Fiat Backed
Market Cap $28M
Monerium's EURe is a regulated euro-backed e-money token designed for blockchain transactions, maintaining a 1:1 parity with the euro.
Key Data
| Backing | Fully backed 1:1 by euros with an overcollateralization rate of 102%. |
| Auditor | Independent accounting or audit firms |
| Reserve Reporting | Verified at least monthly |
| Redemption | Tokens can be redeemed at face value by burning them and transferring euros to the user's SEPA account. |
| Peg Currency | EUR |
| Launched | 2019 |
Supported Networks
EthereumPolygonGnosis
Overview
Monerium's EURe is a regulated e-money token backed by euros, designed for seamless blockchain transactions.
How It Works
EURe tokens are fully backed 1:1 by euros held in segregated accounts, with an overcollateralization rate of 102%.
Reserve Backing
The reserves are audited by independent firms and disclosed monthly.
Supported Networks
EURe is available on Ethereum, Polygon, and Gnosis.