EURI is one of the first euro stablecoins regulated by MiCA
Eurite (EURI) is regulated by the European Economic Area Market for Crypto-Assets (MiCA). EURI is issued by Banking Circle SA and complements Banking Circle's existing payment system. This includes efficient payment solutions, controlled volatility risk, smart contracts, out-of-hours settlement and treasury management. Being one of the first MiCA-regulated Euro stablecoins is important as it ensures compliance with strict EU standards, enhancing trust, credibility and confidence among holders. Compliance with MiCA's regulatory provisions ensures consumer protection, transparency and financial stability, reduces legal risk and promotes transparency and security.