What is EURE ?
💶 EURe: The first fully regulated and truly decentralized euro token
In a crypto world ruled by dollar-based stablecoins, EURe is a quiet yet game-changing innovation. Issued by Monerium, it’s a fully compliant euro e-money token that brings together the best of both worlds: traditional financial reliability and Web3 freedom. A digital euro that works like a token—with legal backing. 🔥
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🔍 What exactly is EURe?
EURe is an e-money token. It’s pegged 1:1 to the euro and backed by secure reserves or high-quality liquid assets. What makes EURe special is that it’s not just another crypto stablecoin—it’s a regulated financial instrument recognized under EU law.
It’s issued by Monerium EMI, a licensed electronic money institution based in Iceland. Since 2019, Monerium has been the first company authorized to issue e-money directly on-chain.
🧾 A euro backed by European law
EURe is issued under the Electronic Money Directive, now reinforced by the MiCA regulation. Users benefit from key protections:
- Verified euro reserves 🔐
- Right to redeem 1:1 at any time 💸
- No hidden risks, no vague promises
Unlike many offshore-issued stablecoins, EURe is compliant, transparent, and auditable. It’s suitable for European businesses and compliant Web3 projects.
🔗 Built for Web3 from day one
EURe is available on several blockchains:
- Ethereum
- Gnosis
- Polygon
That means it’s compatible with most wallets, smart contracts, and dapps. More importantly, it can be transferred without intermediaries, just like any ERC‑20 token. ⚙️
Users keep full control over their funds, with fast, trackable transactions—outside the traditional banking system.
📥 How to get and use EURe
To use EURe, you simply create a verified account with Monerium. Once approved:
- Send euros via SEPA
- Receive EURe directly in your wallet
- Use, transfer, or trade freely
- Redeem anytime for euros
This regulated token model allows euro usage in DeFi—without breaking the rules. 💡
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👨💼 Who is it for?
EURe is ideal for:
- Web3 companies paying or receiving euros without banks
- Developers integrating a stable euro into their apps
- Everyday users who want to store or send euros on-chain
- DeFi platforms building euro-denominated products
It’s also useful in NFTs, blockchain games, payment apps, and even as an alternative to costly international wire transfers. 🌍
🔐 Audits, security, and transparency
Monerium takes a careful and secure approach. Its smart contracts are audited (e.g., by Ackee Blockchain), minting is limited, and fund custody is tightly managed.
Future improvements include multisig wallets, minting caps, and proof-of-reserve reports. Everything is designed to reduce risk while maximizing decentralization. 🛡️