Stablecoins & Markets
Kim Min-jun
Coverage focuses on reserves, redemption and the flow of money through digital-asset markets.
View articlesEURe (Monerium)
Monerium EURe (EURe) is a euro-backed stablecoin issued by Monerium hf. (Iceland), launched in 2022. Regulation: electronic money institution supervised by the Financial Supervisory Authority of the Central Bank of Iceland; EURe is an e-money token under MiCA. It is on ESMA’s list of e-money tokens under MiCA.
- Ticker
- EURe
- Issuer
- Monerium hf. (Iceland)
- Pegged to
- Euro
- Type
- Fiat-backed
- Launched
- 2022
- E-money token under MiCA
- Yes
- Transparency page
- monerium.com
- Checked on
Safeguarded in segregated accounts at Arion Bank (Iceland), LHV Bank (Estonia) and State Street Global Advisors, mostly in the State Street EUR Liquidity LVNAV Fund. Reserve reporting: annual audited statements; no separate public reserve attestation.
Holders who become Monerium customers can redeem at par at any time by SEPA transfer, and Monerium says issuance and redemption are free. The issuer lists 7 networks where the token is issued natively: Ethereum, Arbitrum, Gnosis, Polygon, Base, Linea and Noble.
- Token name
- Monerium EURe
- Brand
- Monerium
- Regulation
- Electronic money institution supervised by the Financial Supervisory Authority of the Central Bank of Iceland; EURe is an e-money token under MiCA
- Reserves
- Safeguarded in segregated accounts at Arion Bank (Iceland), LHV Bank (Estonia) and State Street Global Advisors, mostly in the State Street EUR Liquidity LVNAV Fund.
- Reserve reporting
- Annual audited statements; no separate public reserve attestation
- Latest report
- monerium.com
- Redemption
- Holders who become Monerium customers can redeem at par at any time by SEPA transfer, and Monerium says issuance and redemption are free.
- Networks (native issuance)
- Ethereum, Arbitrum, Gnosis, Polygon, Base, Linea, Noble
- Number of networks
- 7
- Website
- monerium.com
- Sources
Page URL Monerium financial information (supervision, safeguarding, attestations) https://monerium.com/financial-information/ Monerium EURe product page (chains, fees FAQ) https://monerium.com/eure/ EURe MiCA white paper (xhtml) https://monerium.com/whitepapers/eure-whitepaper.xhtml Monerium blog: launched EURe in 2022 https://monerium.com/blog/2025/mica-explained-how-to-choose-a-compliant-euro-stablecoin-in-europe/ ESMA interim MiCA register: e-money token issuers https://www.esma.europa.eu/sites/default/files/2024-12/EMTWP.csv
