# Eurite (EURI): D-Score 25/100 — Centralized Leaning

**BlockIndex D-Score: 25/100 (Centralized Leaning).** Eurite (EURI) is a Layer 2 cryptocurrency using PoS consensus. Eurite: Regulated euro stablecoin issued by Banking Circle with dual-chain ERC‑20/BEP‑20 issuance, auditor attestations and MiCA focus.

_Source: https://blockindex.ai/coin/euri · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 25 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 16 |
| Age and history | 9 |
| Autonomy | 0 |

## Key facts
- Layer: Layer 2
- Consensus: PoS (N/A)
- Launch: Other
- Founder: N/A
- VC funded: No
- Max supply: N/A
- Circulating: 49,618,528

## Market data (as of 2026-06-19)
- Price: $1.14
- Market cap: $56.71M
- 24h volume: $15.94M
- 24h change: -0.72% · 7d change: -1.07%

## About
Eurite (EURI) is a regulated euro-denominated stablecoin issued by Banking Circle S.A and positioned to provide euro liquidity for on‑chain activity. The project emphasizes a custody and issuance model that mints tokens at par value upon receipt of euros, backed by segregated and purportedly bankruptcy‑remote funds, with attestations by top‑tier auditors. Architecturally, EURI exists as a token layer on top of established blockchains and is currently issued on both Ethereum (ERC‑20) and BNB Smart Chain (BEP‑20), enabling broad accessibility across major wallets and decentralized finance protocols. Its regulatory framing under MiCA and supervision by the Luxembourg CSSF are central to its market proposition, aiming to combine bank‑grade custody and compliance with blockchain settlement rails. The issuer model places issuance and redemption under Banking Circle’s controlled processes rather than a decentralized minting mechanism.

On the technical front, EURI relies on the security and consensus of its parent chains rather than operating an independent blockchain. Smart contracts governing EURI have been audited (PeckShield is referenced in the source materials) and the token’s on‑chain flows are transparent and traceable via public explorers. Dual‑chain issuance on Ethereum and BNB Smart Chain allows integrators to choose the ecosystem that best fits their needs—whether that is broad DeFi composability on Ethereum or lower‑cost routing on BSC. As a token, EURI does not have native block parameters such as block time, mining algorithm, or native node topology; instead, its operational assurances come from audited contracts, banking custody, and attestation reports.

In terms of use cases and adoption, EURI is positioned for 24/7 settlement, cross‑border euro transfers, treasury operations for businesses, and as a euro liquidity instrument within smart contracts and DeFi primitives. Market tracking snapshots (CoinMarketCap / CoinGecko) show active trading liquidity, a circulating supply reported at ~42.81M EURI, and listings on major trading venues which support its use in both retail and institutional flows. The project’s issuer model and auditor attestations are designed to appeal to regulated counterparties and institutional treasuries that require a high level of transparency and legal defensibility for on‑chain euro holdings.

Economically, EURI is minted on‑demand at the point of deposit and therefore does not follow a fixed maximum supply schedule typical of protocol coins; supply expands and contracts with euro inflows and redemptions. The available sources report a circulating supply snapshot (42.81M EURI) and market metrics such as price (around $1.17 in the provided snapshot), market cap and 24h volume. Governance and operational control remain with Banking Circle as the regulated issuer rather than being administered by token holders or an on‑chain DAO, and there is no evidence of a premine, public initial percentage (PIP), or VC allocation in the supplied materials. Future roadmap items were not present in the supplied content, though listings, audits, and integrations (wallet support) are the primary ongoing activity visible in the sources.

## Links
- Website: https://www.eurite.com/
- Whitepaper: N/A
- GitHub: N/A

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore