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EURI Price
$1.09483
+0.09%
Market Cap
$36.86M
24H Volume
$4.79M
Circ Supply
33.67M

EURI Market Stats

  • Price $1.09483
  • 1H Change -0.01%
  • 24H Change +0.09%
  • 7 Day Change -0.23%
  • 30 Day Change -1.26%
  • All-Time High $1.12123
  • % From ATH -2.33%
  • ATH Date Sep 30, 2024
Statility

Eurite Info

Eurite Euro Token (EURI) is issued by Banking Circle S.A. (“Banking Circle”), a regulated credit institution under the supervision of the Luxembourg Commission de surveillance du secteur financier (“CSSF”). EURI is subject to the regulatory requirements of the Markets in Crypto-Assets Regulation (MiCA), ensuring compliance with stringent EU standards.

Technical Specifications of EURI

EURI will be issued as an ERC-20 token on the Ethereum (“ETH”) Blockchain and as a BEP-20 token on the BNB Smart Chain (“BSC”) blockchain. The token will be pegged to the EUR on a 1:1 basis, with EURI issued at par value (i.e., 1 EUR for every EURI) upon receipt of funds from holders.

Safeguarding Customer Funds

In the event of Banking Circle S.A.’s insolvency, customer funds are bankruptcy remote. All funds received by Banking Circle as fiat currency for the purchase of EURI will be segregated in a separate account from the company’s own assets, in accordance with the 2003 Act. This ensures that the Safeguarded Customer Funds are only used for specific purposes and are protected if Banking Circle goes bankrupt.

Audited Backing and Attestation

EURI is attested by top-tier auditors to ensure that the tokens in circulation are backed 1:1 by the corresponding amount of Euros held by Banking Circle.

Eurite Technical Info

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