Eurite
euri
#544Eurite
Eurite
Stablecoins · Fiat-backed Stablecoin+1euri#544
Mcap$36.88M$1.131.38%
euri Metrics
Spot Volume (24H)
$9.05M+77.43%
Marketcap
$36.88M
FDV
$36.89M
Mindshare
Very Low
Circ. Supply
32.6M
Max Supply
-
Mcap/FDV
99.98%
Total Supply
32.6M
Sector Ranking
#56
About & Links
About & Links
Eurite (EURI) is a euro stablecoin regulated under MiCA and issued by Banking Circle S.A. It is pegged 1:1 to the euro and backed by an equivalent amount of euro cash held as safeguarded customer funds. EURI is minted when institutional users deposit euros with Banking Circle and is burned when euros are redeemed, keeping supply aligned with reserves.
Sector Rank
#56
Sub-Sector Rank
#25, #3
Contracts
API ID
euri Performance
All Time High
$1.21-6.55%
Aug 23, 2026
Cycle Low
$1.11+1.71%
Oct 14, 2026
Trending
euri Metrics
Spot Volume (24H)
$9.05M+77.43%
Marketcap
$36.88M
Mindshare
Very Low
Last Updated: Oct-29-2026 8:18 UTC
Eurite (EURI) Project Update
Eurite (EURI) is a euro stablecoin regulated under MiCA (the EU's Markets in Crypto-Assets Regulation) and issued by Banking Circle S.A. It is pegged 1:1 to the euro and backed by an equivalent amount of euro cash held as safeguarded customer funds. EURI is minted when institutional users deposit euros with Banking Circle and is burned when euros are redeemed, keeping supply aligned with reserves .
Get Caught Up
The most significant recent development for the euro stablecoin landscape was Circle's warning that EU stablecoin rules could force firms to obtain dual licenses by March 2026, risking compliance chaos. The European Banking Authority's guidance may create a regulatory cliff-edge that conflicts with the EU's MiCA framework, and industry figures such as Patrick Hansen have suggested extending the transition period to 2027 and adding carve-outs in PSD3 legislation to avoid overlap 2. This matters because requiring dual licenses could lead to stablecoin service withdrawals and slow euro adoption, potentially pushing users toward unbacked crypto — a concern echoed by Circle CEO Jeremy Allaire, who supports calls for regulatory simplicity and uniformity 2.
A second theme worth noting is the broader maturation of stablecoin trust and reporting standards. Throughout 2025, the focus shifted from narrative reliance to verifiable, periodic review processes, with the AICPA releasing criteria for asset-backed stablecoin reporting in March and proposed operational control criteria in June 3. Regulators and institutions now seek testable evidence focused on reconcilable balances between outstanding tokens and redemption assets, alongside consistent operational discipline — a standard that directly affects how euro stablecoins like EURI must demonstrate reserve integrity 3.
Finally, the euro stablecoin sector itself has been gaining momentum. Euro-denominated stablecoins surpassed a combined market value of $1 billion, doubling year-to-date, with Circle's EURC token responsible for the majority of that growth 4. This growth contrasts with the broader dollar-dominated stablecoin market and signals rising institutional and consumer interest in euro-pegged digital assets 4.
Biggest Stories of 2025
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Stablecoin trust shifted toward verifiable, periodic review processes, with the AICPA releasing 2025 criteria for asset-backed stablecoin reporting in March and proposed operational control criteria in June, signaling that regulators now demand testable evidence of reserve reconciliation 3. (December 30, 2025)
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Euro-denominated stablecoins surpassed a combined $1 billion market value, doubling year-to-date, with Circle's EURC driving most of the growth and unique EURC holders surging past 150,000 4. (December 20, 2025)
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The ECB completed technical and preparatory work for the digital euro, with President Christine Lagarde urging political institutions to move forward on regulation and a launch now expected in the second half of 2026 5. (December 18, 2025)
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Euro stablecoin market cap more than doubled in the 12 months following MiCA's June 2024 implementation, recovering from a prior 48% decline, with monthly euro stablecoin transaction volume increasing nearly ninefold to $3.83 billion 6. (December 6, 2025)
Note: The available information did not include any specific news, events, or announcements directly attributable to Eurite (EURI) or Banking Circle within the past 7 days or the past 30 days. The items above reflect the broader euro stablecoin and regulatory environment in which Eurite operates.
About & Links
About & Links
Eurite (EURI) is a euro stablecoin regulated under MiCA and issued by Banking Circle S.A. It is pegged 1:1 to the euro and backed by an equivalent amount of euro cash held as safeguarded customer funds. EURI is minted when institutional users deposit euros with Banking Circle and is burned when euros are redeemed, keeping supply aligned with reserves.
Sector Rank
#56
Sub-Sector Rank
#25, #3
Contracts
API ID