Profile
EUROe profile facts
EUROe (EUROe) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Euro.
- Collateral
- Euro fiat reserves and euro-denominated assets held by Membrane Finance for issued EUROe
- Peg mechanism
- Direct 1:1 euro issuance and redemption through Membrane's verified-customer platform, with public transparency and regulation pages describing reserve attestations
- Jurisdiction
- Finland / FIN-FSA / Electronic Money Institution
- Proof of reserves
- Self-Reported PoR by Paxos Issuance Europe redemption notice Reserve source
Source: Pharos registry profile fields. This inactive record does not participate in current live monitoring.
EUROe quick answers
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What is EUROe?
EUROe was Membrane's Finnish EMI-licensed euro stablecoin, decommissioned in 2026 after Paxos acquired Membrane and switched the platform to redemption-only. The static profile records its Euro peg mechanism as: Direct 1:1 euro issuance and redemption through Membrane's verified-customer platform, with public transparency and regulation pages describing reserve attestations.
Is EUROe safe?
EUROe is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, Self-Reported PoR from Paxos Issuance Europe redemption notice, and notes that issuer or admin freeze controls are recorded.
What backs EUROe?
The archived Pharos profile records EUROe's reserves as 100% Euro fiat reserves and euro-denominated assets. Reserve evidence: Self-Reported PoR by Paxos Issuance Europe redemption notice. Pharos classifies the backing as Real-World Asset Backed.
Can EUROe be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. EUROe is a frozen Pharos archive; the recorded history below is read-only.
