Stablecoin dossierReturn to register
Record sog_st_euri
EURI/Eurite
Also recorded as EURI, Eurite, Eurite Euro Token
- Lifecycle
- Active
- Issuance
- Restricted
- Reference target
- Euro
- Primary organization
- Banking Circle S.A.No additional recorded relationship
- Launch
- 2024-08-26
- Redemption
- Eligible Customers Only
- Backing
- Fiat and cash equivalents
- Stabilization
- Issuer redemption
- Last review
- 2026-06-19
- Evidence
- 4 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.MiCA-regulated euro e-money token issued by Banking Circle S.A., backed one-to-one by segregated euro cash.
| Name | Eurite |
|---|---|
| Symbol | EURI |
| Aliases | EURI, Eurite, Eurite Euro Token |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Restricted |
| Canonical record ID | sog_st_euri |
| Route slug | euri |
| Record confidence | High |
| Last reviewed | 2026-06-19 |
- Name
- Eurite
- Symbol
- EURI
- Aliases
- EURI, Eurite, Eurite Euro Token
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Restricted
- Canonical record ID
sog_st_euri- Route slug
euri- Record confidence
- High
- Last reviewed
- 2026-06-19
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 4 |
| Reserve reports | 1 |
| Reserve components | 1 |
| Model-history events | 0 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 2 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- Centralized
- Primary display organization
- Banking Circle S.A.
- Primary display role
- Legal issuer
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| Banking Circle S.A. | Bank, trust, or credit institution | Regulated bank, trust, or credit institution | Luxembourg | Legal issuer | Primary display | Not yet recorded | Not yet recorded | Active relationship |
Bank, trust, or credit institution
Primary displayBanking Circle S.A.
- Functional role
- Legal issuer
- Relationship status
- Active relationship
- Regulatory character
- Regulated bank, trust, or credit institution
- Jurisdiction
- Luxembourg
- From
- Not recorded
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- Euro
- Reference kind
- Fiat
- Comparison category
- Euro
- Target value
- Not yet recorded
- Reference methodology
- EURI is redeemable at par for euro subject to customer due diligence.
- Public backing model
- Fiat and cash equivalents
- Canonical backing types
- Cash
- Reserve component categories
- Cash
- Primary stabilization mechanism
- Issuer redemption
- Recorded model description
- Fiat Backed E Money Token with Segregated Euro Cash
- Redemption / exit model
- Eligible Customers Only
- Valuation source
- Public information is incomplete
- Yield / rebase profile
- None recorded
- Classification notes
- Bank-issued MiCA electronic-money token.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Segregated euro cash reservesCash · Official materials describe one-to-one safeguarded euro cash.
| Disclosure status | Issuer Attestation |
|---|---|
| Backing types | Cash |
| Summary | EURI is backed one-to-one by segregated euro cash. |
| As of | 2026-06-15 |
| Profile confidence | High |
- Disclosure status
- Issuer Attestation
- Backing types
- Cash
- Summary
- EURI is backed one-to-one by segregated euro cash.
- As of
- 2026-06-15
- Profile confidence
- High
| Current status | Eligible Customers Only |
|---|---|
| Settlement asset | EUR |
| Eligible parties | Holders meeting Banking Circle due-diligence requirements. |
| Retail access | Secondary Market or Cdd Subject to Issuer |
| Institutional access | Direct Issuer After Onboarding |
| Minimum amount | Terms dependent. |
| Fee | No issuer redemption fee is stated; banking or network costs may apply. |
| Settlement time | Issuer processing dependent. |
| Regional limits | CDD and EEA distribution rules apply. |
- Current status
- Eligible Customers Only
- Settlement asset
- EUR
- Eligible parties
- Holders meeting Banking Circle due-diligence requirements.
- Retail access
- Secondary Market or Cdd Subject to Issuer
- Institutional access
- Direct Issuer After Onboarding
- Minimum amount
- Terms dependent.
- Fee
- No issuer redemption fee is stated; banking or network costs may apply.
- Settlement time
- Issuer processing dependent.
- Regional limits
- CDD and EEA distribution rules apply.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | Banking Circle | Reserve Disclosure | Cash | High |
Banking Circle
Not yet recorded- Type
- Reserve Disclosure
- Assets covered
- Cash
- Record confidence
- High
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | Specific network recorded | ERC-20 | Issuer- or institution-supported deployment | Issuer Native Fiat Token | Active | Active | No separate change state recorded | Issuer-native deployment | Canonicality recorded | Source-linked record; identifier not recorded | Identifier not recorded | Identifier not recorded | Not yet recorded | Not yet recorded | 0 | Primary EURI deployment; BNB Chain remains outside this initial row. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Eurite EURI Published Not yet recorded | Banking Circle | Official documentation or product page Canonical: Official Website | Subject-controlled source | Primary source | Mica Emt, Ethereum, Bnb Chain, Entity and Status, Cash Backing, Segregation, Bankruptcy Remoteness, Reserve Framework, Redemption At Par, No Issuer Fee, Customer Due Diligence, Redemption | Archive index or wildcard | High |
| Banking Circle launches EURI Published 2024-08-26 | Banking Circle | Official statement or announcement Canonical: Official Launch Announcement | Subject-controlled source | Primary source | Launch Date, Product Launch, Mica Context, Official Launch Date | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Current Distribution and Cdd Scope | Public materials establish redemption rights, but detailed customer eligibility and distribution arrangements may change. | Unknown after review | Medium | 2026-06-15 |
| Complete Network and Contract Map | Ethereum and BNB Chain are documented, but this batch records only the primary Ethereum deployment. | Unknown after review | Medium | 2026-06-15 |
Current Distribution and Cdd Scope
Public materials establish redemption rights, but detailed customer eligibility and distribution arrangements may change.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-15
Complete Network and Contract Map
Ethereum and BNB Chain are documented, but this batch records only the primary Ethereum deployment.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-15
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
No separate model-change event is currently recorded.
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2024-08-26 | Banking Circle launches EURI | Launch and introduction | Launch | No lifecycle change | Not applicable |
| 2026-06-15 | EURI remains actively issued by Banking Circle | Lifecycle review | Status Review | Remained active | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.Use these explainers to compare the legal, regulatory, reserve, redemption, or distribution questions connected to this record.
After MiCA: Which Stablecoins Can Europeans Actually Use?
A reviewed guide to EU/EEA stablecoin access, separating issuer status, platform state, customer scope, product functions, direct mint and redemption routes, payment rails, supported networks, and dates.
MiCA and Stablecoins
A beginner-friendly guide to EU stablecoin rules, the 2026 CASP transition deadline, and the different questions facing representative dollar, euro, and protocol-issued assets.
- All stablecoinsCompare this record with the rest of the archive.
- Banking Circle S.A.Luxembourg
- Event registry2 connected events recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.