Eurite (EURI): What It Is, Uses and Risks

Eurite (EURI) is a euro-pegged stablecoin. according to public reporting and the project's public descriptions, it is issued by Banking Circle S.A., a Luxembourg-based financial institution, and is described as a bank-backed, MiCA-compliant stablecoin. Its stated peg is 1:1 to the euro, with reserves held in euro fiat. The token exists on two networks: BNB Smart Chain, where it follows the BEP-20 standard, and Ethereum, where it follows ERC-20. Its market data is tracked under the Stablecoins category, and the figures in this entry should be read as snapshots rather than live values.

Based on public descriptions, EURI is meant to give users a euro-denominated digital token for moving value on-chain. Public reporting mentions settlement of digital asset transactions, cross-border institutional payments within Europe, arbitrage, and use by businesses for supplier payments and similar flows. Holders are also described as having a right of redemption, meaning they can convert the token back into euros through the issuer under its terms. Whether any given use is practical for you depends on the platforms and jurisdictions involved, and the issuer's terms are the primary source for redemption rules.

As of 2026-11-05, the data used for this entry lists a circulating supply of roughly 32.6 million EURI, with total supply reported at the same figure and no stated maximum. Market capitalisation was shown at about $36.6 million, with a 24-hour trading volume of about $3.4 million and a price near $1.12. The reported all-time high was about $1.22 on 2026-08-23, and the all-time low was about $1.008 on 2025-01-13. These numbers change constantly and may already be out of date. They describe past market activity only and are not a forecast of future price.

EURI is issued on BNB Smart Chain and Ethereum. The two versions are separate contracts on different networks, so moving tokens between them requires a bridge or an exchange that supports both networks. Before sending funds, check which network a platform supports and whether the address format matches. Sending a BEP-20 token to an Ethereum address, or the reverse, can result in lost funds. Confirm the contract address against the issuer's own announcements before trading or depositing.

Stablecoins carry risks even when they are designed to hold a steady value. The peg depends on the issuer's reserves, legal structure and operational controls, and a loss of confidence could push the price away from one euro. Smart contract bugs, bridge failures, exchange outages and regulatory changes are also possible. Data for this entry does not include audit reports or full reserve attestations, so treat the description above as a summary and read the issuer's documentation yourself. Store tokens in a wallet you control, double-check network and address details, and never share your seed phrase. This page is informational and is not investment advice.