Eurite (EURI)
Rank #410
Market snapshot
- Price
- $1.17
- Market cap
- $38.7M
- 24h volume
- $21.2M
- Circulating supply
- 33,139,851.4899
- Total supply
- 33,139,851.4899
- Max supply
- N/A
What is Eurite?
Eurite (EURI) is an ERC-20 token on the Ethereum Blockchain and is regulated by the Markets in Crypto-Assets Regulation (MiCA) in the EEA. It aims to combine the stability of traditional currencies with the advantages of blockchain technology for financial transactions.
How Eurite works
EURI is issued as an ERC-20 token on the Ethereum Blockchain and as a BEP-20 token on the BNB Smart Chain, pegged to the Euro on a 1:1 basis. These decentralized blockchains enable consensus confirmation of transactions using a Proof of Stake mechanism for Ethereum and the Proof of Stake Authority for BNB Smart Chain, ensuring immutability of records and public transparency.
Key information
- Symbol
- EURI
- CMC rank
- #410
- Network / platforms
BNB Chain, Ethereum
- Categories
- N/A
- Date added
- Aug 26, 2024
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
BNB Chain
0x9d1a7a3191102e9f900faa10540837ba84dcbae7Ethereum
0x9d1a7a3191102e9f900faa10540837ba84dcbae7
Key characteristics
Eurite is categorized under several tags, including stablecoin and asset-backed stablecoin. It is built on blockchain technology, allowing for efficient transactions and the ability to use smart contracts.
Documented uses
EURI can be used in smart contracts, allowing for various applications as innovations continue in decentralized finance. Safeguarded Customer Funds are only used for specific purposes and are protected if Banking Circle goes bankrupt.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Eurite (EURI)?
- Eurite (EURI) is an ERC-20 token regulated by the Markets in Crypto-Assets Regulation (MiCA) in the EEA, designed to provide stability similar to conventional fiat currencies.
- How does Eurite (EURI) operate?
- Eurite operates as an ERC-20 token on the Ethereum Blockchain and as a BEP-20 token on the BNB Smart Chain, pegged to the Euro on a 1:1 basis.
- What are the technical characteristics of Eurite (EURI)?
- Eurite is categorized under stablecoin and asset-backed stablecoin. It utilizes blockchain technology for transactions.
- What are the risks associated with transferring Eurite (EURI)?
- Digital asset prices can be volatile. Users should verify the contract address and network before transferring assets.
- How can I verify the acquisition of Eurite (EURI)?
- Verify the asset name, network, and any supplied contract details before transferring.
- Where can I find official resources for Eurite (EURI)?
- Official resources for Eurite can be found on its website at https://www.eurite.com.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.
