Profile
EUROT profile facts
Euro Token (EUROT) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Euro.
- Collateral
- Euro bank reserves held by Token Teknoloji at Ziraat Participation Bank and Akbank
- Peg mechanism
- Issuer-managed mint and burn process intended to keep each EUROT matched 1:1 with euro reserves; holders can trade EUROT through Bitlo, but no Pharos-reviewed direct redemption backstop is modeled
- Jurisdiction
- Turkey
- Proof of reserves
- Self-Reported PoR by Token Teknoloji reserve proof page (generic page shared by seven tokens; EUROT-specific evidence is one sentence naming Ziraat Participation Bank and Akbank; the linked bank letters are bare certificates last updated 2024-08-09, ~24 months old) Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
EUROT quick answers
4
What is Euro Token (EUROT)?
EUROT is Token Teknoloji's centralized euro stablecoin issued from Turkey, backed by euro bank reserves at Ziraat Participation Bank and Akbank. The static profile records its Euro peg mechanism as: Issuer-managed mint and burn process intended to keep each EUROT matched 1:1 with euro reserves; holders can trade EUROT through Bitlo, but no Pharos-reviewed direct redemption backstop is modeled.
Is EUROT safe?
As of Nov 10, 2026, Pharos grades EUROT F (18/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs EUROT?
Pharos records EUROT's reserves in its review of Oct 1, 2026 as 100% Euro bank reserves at Ziraat Participation Bank and Akbank. Reserve evidence: Self-Reported PoR. Pharos classifies the backing as Real-World Asset Backed.
Can EUROT be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
