Stablecoin ⚖️💶
EURI is one of the first EURO stablecoins regulated by MiCA
Eurite (EURI) is regulated by the Markets in Crypto-assets Regulation (MiCA) in the EEA. Issued by Banking Circle S.A., EURI complements Banking Circle's existing payment systems. These include efficient payment solutions, managed volatility exposure, smart contracts, after-hours settlement and cash management. Being one of the first EURO stablecoins regulated by MiCA is important as it ensures compliance with strict EU standards, increasing trust, credibility and trust among holders. Regulatory compliance with MiCA ensures consumer protection, transparency and financial stability, reducing legal risks and promoting transparency and security.
EURI will be issued as an ERC-20 token on the Ethereum (“ETH”) Blockchain and as a BEP-20 token on the BNB Smart Chain (“BSC”) blockchain, which will be pegged to the Euro on a 1:1 basis.
EURI will be issued at nominal value (i.e. 1 EUR for each EURI) upon receipt of funds from subscribers$EURI
I confess to you that EURITE is a good option for passive income (staking), so you might want to take a look at this stablecoin
Congratulations if you've made it this far, and there's more where you came from!!