# EURe: Monerium EURe

EURe is Monerium’s regulated euro e-money token, fully backed in safeguarded accounts and connected to SEPA through personal IBANs.

## Key details

- **Issuer:** Monerium
- **Reference currency:** EUR
- **Backing model:** Euro-denominated reserve assets
- **Created:** 2019-01-01

## About

Monerium was founded in Iceland in 2015 by a team spanning central banking, regulation, finance, cloud infrastructure, and crypto. After several years of research and policy work, it received an electronic money institution license in 2019—the first designed for issuing e-money on blockchains—and built onchain fiat products including EURe.

## Supported chains

- Ethereum
- Arbitrum
- Base
- Gnosis
- Linea
- Polygon PoS
- Scroll
- Noble
- Camino

- **Reference contract:** `0x39b8B6385416f4cA36a20319F70D28621895279D` (Ethereum)

## Legal jurisdiction

Iceland / European Economic Area

Icelandic Electronic Money Act No. 17/2013 implementing EU Directive 2009/110/EC, plus MiCA e-money-token rules; supervised by the Central Bank of Iceland.

## Sources

- [Official site](https://monerium.com/eure/)
- [Monerium](https://docs.monerium.com/tokens/)
- [Monerium business terms](https://monerium.com/policies/business-terms-of-service/)

This directory is for research, not an endorsement or an availability promise from Fiber. Stablecoin designs, reserves, networks, and redemption terms can change.

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Fiber is a financial technology company, not a bank. Banking services are provided by SSB, Member FDIC. Funds deposited at SSB are eligible for FDIC insurance up to $250,000 per depositor, per insured bank, subject to applicable limitations and FDIC rules.