Supporting EURe by Monerium

Dfns now supports EURe, the euro-denominated e-money token issued by Monerium, a licensed Electronic Money Institution (EMI) under EU rules. EURe is fully backed 1:1 by safeguarded euro reserves, redeemable at par via SEPA, and issued on public blockchains like Ethereum. With this integration, EURe becomes available to every developer, fintech, and institution building on Dfns.

This matters because EURe is not a typical “stablecoin.” It is regulated e-money under MiCA. It behaves like digital cash onchain, with clear rights, audited reserves, and a direct redemption claim for every holder who establishes a customer relationship with Monerium. Supporting EURe gives Dfns clients access to a compliant, transparent, European-native payment rail that works inside any blockchain application.

EURe, a regulated euro onchain

EURe is an e-money token (EMT). Each token is issued at par value when Monerium receives euros via SEPA and is backed 1:1 by deposits or high-quality liquid assets held in segregated accounts. Holders can request redemption at any time. In the event of issuer insolvency, EURe holders have priority claims on the safeguarded funds under Icelandic law.

Monerium issues EURe on EVM-compatible proof-of-stake chains. Transactions behave like standard ERC-20 transfers and use native network gas. The smart contracts are audited by Ackee and Halborn, and Monerium undergoes regular supervisory audits as part of its EMI obligations. For builders who need a euro-backed asset they can trust, EURe offers a simple value proposition: a digital euro that follows European payment rules.

As MiCA takes effect across Europe, with full compliance due by July 2026, the distinction between unregulated stablecoins and supervised e-money tokens becomes sharper. EURe sits firmly on the regulated side. By supporting EURe, Dfns is giving builders a tool that fits both the spirit and the letter of European financial rules. 

At Dfns, we believe this will be the foundation for the next wave of euro-denominated payments, settlement workflows, and onchain financial products. Dfns customers can start using EURe today across all supported chains. If you want to explore what EURe enables for your product, we’re here to help.

Why this matters for Dfns clients

Adding native EURe support unlocks a set of use cases that require a regulated euro instrument rather than a crypto-collateralized or algorithmic model. This includes:

• Regulated institutions that cannot hold unregulated stablecoins but can use e-money tokens.
• Payment companies that need direct SEPA minting and redemption to connect onchain and offchain euro flows.
• Trading and treasury teams that want euro exposure without leaving the EEA regulatory perimeter.
• DeFi applications seeking a compliant euro asset with predictable issuance and redemption.

Supporting EURe on Dfns opens the door to new apps across the European financial ecosystem.

• Faster settlement for European payments: Businesses can move euros onchain in seconds while keeping the redemption, safeguarding, and compliance guarantees of an EMI.
• EU-aligned digital asset products: Fintechs can offer euro-denominated wallets, accounts, payouts, and merchant services without building direct EMI infrastructure.
• Regulated on/off-ramps: Dfns customers can integrate EURe as a clean entry and exit mechanism: euros in via SEPA, tokens out via Dfns wallets, and back again with clear rights for every holder.
• Compliant institutional DeFi: Because EURe follows MiCA’s e-money rules, it allows institutions to interact with onchain markets while staying inside a regulated framework.
• Multichain euro liquidity: EURe is available on Ethereum, Polygon, and other chains today. Dfns abstracts away chain differences, making EURe usable across all supported environments with a consistent suite of interfaces (API, SDK, UI, etc.).

Start building with Dfns: app.dfns.io/get-started
Learn more about Monerium: monerium.com