Monerium EUR emoney

EURE Price

About Monerium EUR emoney (EURE)

Monerium EUR emoney is a fully authorized and regulated electronic money token that provides a digital, on-chain representation of the Euro.

• Regulated Issuance: Issued by Monerium EMI, a licensed Electronic Money Institution compliant with European e-money and MiCA regulations.
• Direct Bank Integration: Connects blockchain wallets to the traditional banking system through personal IBANs for seamless on-off-ramping.
• Multi-Chain Availability: Deployed across various networks including Ethereum, Gnosis, Polygon, Arbitrum, and Noble.

What Is Monerium EUR emoney

Monerium EUR emoney (EURe) is a digital currency designed to mirror the value of the Euro on public blockchains. It functions as a regulated bridge between decentralized finance (DeFi) and traditional finance, allowing users to move value between bank accounts and web3 wallets without relying on centralized exchanges.

Value moves through the system via a mint-and-burn mechanism tied to SEPA bank transfers. When a user sends Euros to their Monerium-provided IBAN, the system automatically mints an equivalent amount of EURe to their linked blockchain address. Conversely, when a user sends EURe back to the Monerium platform, the tokens are burned, and fiat Euros are sent to the designated bank account.

The token is put to work as a programmable medium of exchange for automated payments, payroll, and treasury management. As the ecosystem grows, EURe scales by providing a compliant liquidity layer for decentralized protocols that require stable, euro-denominated collateral or settlement assets.

What Makes Monerium EUR emoney Unique

• Legal Status: Unlike many stablecoins, EURe is legally classified as electronic money, providing users with a direct claim against the issuer.
• Web3 IBANs: Users receive personal IBANs that allow any standard bank account to interact directly with a blockchain wallet.
• MiCA Compliance: The project is designed to meet the requirements of the Market in Crypto-Asset (MiCA) regulation, ensuring institutional-grade standards for safeguarding and transparency.
• Programmable Fiat: Enables developers to automate SEPA payments and financial workflows using the Monerium API and SDKs.

What Can You Use Monerium EUR emoney for?

Monerium EUR emoney is pegged to the Euro. Its primary use cases include:

1. Value retention: EURe allows users to hold a digital, on-chain representation of the Euro, which may reduce exposure to the volatility of the broader cryptocurrency market.
2. Yield generation: Users can engage in decentralized lending and liquidity provisioning within DeFi protocols that support euro-denominated pairs, though the source does not specify native sovereign debt yield.
3. Cross-border settlement / value transfer: It facilitates international remittances and global trade by allowing frictionless cross-border transfer of Euro value through public blockchain infrastructure.
4. Collateralization: The asset is used as backing for borrowing and lending protocols or as margin for derivatives, as supported by various decentralized applications.

How Does Monerium EUR emoney Work?

Monerium EURe operates using a combination of off-chain banking infrastructure and on-chain smart contracts. On EVM-compatible networks like Ethereum, it is implemented as an ERC-20 token. The system uses an upgradeable proxy pattern, allowing the underlying logic to be improved while maintaining a stable contract address for users.

The technical mechanism relies on deterministic execution where token balances and transfers are recorded on the blockchain's ledger. For networks like Noble, which is built on the Cosmos SDK, EURe is issued through native modules rather than smart contracts. To execute transactions, users must pay protocol service fees in the native asset of the host blockchain.

Team Info and Investors

Monerium was founded in Iceland by a team with backgrounds in central banking, finance, and technology. The project is led by founders including Sveinn Valfells and Jón Helgi Egilsson, the latter being a former chairman of the supervisory board of the Central Bank of Iceland. The company has documented early backing from venture capital firms and investors focused on fintech and blockchain infrastructure, operating under the regulatory oversight of the Financial Supervisory Authority of Iceland.

Where can you buy Monerium EUR emoney?

EURE tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Monerium EUR emoney is Oku Trade (Gnosis), where the most active trading pair EURE/USDC.E has a trading volume of $368,399.42 in the last 24 hours. Other popular options include Balancer V3 (Arbitrum) and Astroport (Terra).

What is the daily trading volume of Monerium EUR emoney (EURE)?

The trading volume of Monerium EUR emoney (EURE) is $508,958.95 in the last 24 hours, representing a 19.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Monerium EUR emoney (EURE)?

Monerium EUR emoney (EURE) reached an all-time high of $1.22 and an all-time low of $1.04. It’s now trading -6.50% below that peak and 9.70% above its lowest price.

What is the market cap of Monerium EUR emoney (EURE)?

Market capitalization of Monerium EUR emoney (EURE) is $29,859,170 and is ranked #631 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of EURE tokens (26 Million tokens are tradable on the market today).

What is the fully diluted valuation of Monerium EUR emoney (EURE)?

The fully diluted valuation (FDV) of Monerium EUR emoney (EURE) is $29,859,170. This is a statistical representation of the maximum market cap, assuming total number of 26 Million ETH tokens are in circulation today.

How does the price performance of Monerium EUR emoney compare against its peers?

With a price decline of -1.40% in the last 7 days, Monerium EUR emoney (EURE) is outperforming the global cryptocurrency market which is down -5.30%, while underperforming when compared to similar Stablecoins cryptocurrencies which are down -0.10%.

How to add Monerium EUR emoney (EURE) to MetaMask?

Adding Monerium EUR emoney (EURE) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import EURE as a token. You can copy EURE’s contract address (0x39b8b6385416f4ca36a20319f70d28621895279d) and import it manually, or if you've installed MetaMask's chrome extension, add EURE to MetaMask with one click on CoinGecko.

Add EURE to MetaMask.