Eurite (EURI)
CryptoScore Pro global score : 69/100 (computed on 2026-10-29)
Eurite (EURI) is a euro-pegged stablecoin issued by Banking Circle, a regulated financial institution, and deployed on the Ethereum blockchain with cross-chain compatibility on BNB Chain. Designed as a fiat-collateralized stablecoin, Eurite targets institutional and retail users seeking a compliant, euro-denominated digital asset for transactions, trading, and hedging against volatility in the cryptocurrency markets. Its positioning as a MiCA-compliant stablecoin distinguishes it from algorithmic or crypto-collateralized alternatives, addressing regulatory concerns that have historically limited the adoption of euro stablecoins in Europe. By anchoring its value to the euro at a 1:1 ratio, Eurite aims to bridge traditional finance (TradFi) and decentralized finance (DeFi), offering a stable medium of exchange and store of value within the Ethereum and BNB Chain ecosystems. Technologically, Eurite operates as an ERC-20 token on Ethereum and a BEP-20 token on BNB Chain, leveraging the security and interoperability of these networks. The smart contract, verified and deployed on July 2, 2024, includes proxy functionality, enabling future upgrades without disrupting token holders. This…
Scores by pillar
| Technology | 63/100 |
|---|---|
| Tokenomics | 73/100 |
| Team | 54/100 |
| Adoption | 63/100 |
| Liquidity | 68/100 |
| Compliance | 77/100 |
Market data
| Price | $1.12 |
|---|---|
| Market cap | $36.57M |
| 24h volume | $6.04M |
| Market cap rank | #639 |
| 24h change | +0.56% |
| 7d change | -0.19% |
| Blockchain | Ethereum |
| Sector | Stablecoin |
Analysis
Eurite is an ERC-20 token, a technical standard on Ethereum, pegged to the euro. It uses a fiat-collateralized mechanism, meaning backed by real monetary reserves. The token serves as a store of value and a transaction tool for institutional users.