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EURR is a Euro-backed stablecoin designed to bring the stability of the Euro to the blockchain. Pegged 1:1 to the Euro, EURR provides a reliable digital currency that can be used for payments, savings, and cross-border transfers within Europe and globally—especially when you understand the settlement flow from a self-custody wallet to merchant payout.
With Oobit, you can use EURR instantly to pay anywhere Visa is accepted worldwide.
Pay with
EURR
Pay with
EURR
What is EURR?
EURR is a fiat-backed stablecoin that mirrors the value of the Euro. Each EURR is backed by reserves of Euros held with regulated financial institutions. It is issued in full compliance with MiCA, the European Union’s regulatory framework for stablecoins, making it one of the most trusted digital Euro alternatives.
Why EURR is Important
The introduction of EURR represents a major step in bridging traditional finance and blockchain. It gives users across Europe access to a stable digital Euro that can be used for daily payments, online transactions, and international remittances. For businesses, EURR creates opportunities for faster, cheaper cross-border transactions, while for consumers, it ensures transparency and trust thanks to MiCA compliance.
How EURR Works
EURR works like other fiat-backed stablecoins. Euros are deposited with regulated custodians, and an equivalent amount of EURR tokens are issued on the blockchain. When EURR is redeemed, the tokens are burned and the equivalent Euros are released back to the user. This mechanism ensures that every EURR in circulation is backed by real-world reserves.
Risks of EURR
While EURR is backed by reserves and regulated under MiCA, risks still exist. Regulatory changes could affect how EURR is issued or redeemed. There are also banking dependencies, since the stability of EURR relies on the financial institutions holding its reserves. Finally, adoption risks remain, as EURR competes with other Euro stablecoins and potential digital Euro initiatives from central banks.
EURR in Numbers
Market cap
Adoption
Issuer
Network
Regulation
Fully compliant with the EU’s MiCA framework
Use cases
Payments, remittances, DeFi, and savings
Launch year
Expected launch
Peg
1 EURR equals 1 Euro
Backing
User-experience perfection.
Oobit + $USDt for payments in real-life.
Paolo Adriano
CEO of Tether
Thanks to Oobit anyone can now pay with Bitcoin Cash, Bitcoin, Tether, Ethererum and other Crypto anywhere in the world that accepts Visa, right from their smart phone.
Roger Ver
Bitcoin Jesus
Real-Life Payment Integration:
BNB Chain is teaming up with Oobit to enable everyday purchases, like buying coffee, with stablecoins, making crypto transactions more practical and affordable.
BNB Chain
CEO of Tether
How crypto should be- digital cash, instant and helping the unbanked. Tap and Pay for everyday things in-store with your $VET knowing it has a significantly low carbon footprint.
Sarah Nabaa
VeChain foundation
TON x Oobit Use TON and USDt-TON with 100M+ retailers across the globe!
Just like Apple Pay®, the Oobit app allows you to shop, grab a coffee, then Tap & Pay with $USDt-TON & $TON.
TON
What is EURR?
EURR is a Euro-backed stablecoin pegged 1:1 to the Euro and fully compliant with the EU’s MiCA regulation.
Is EURR safe to use?
Yes. EURR is backed by Euro reserves held with regulated financial institutions, offering transparency and stability.
Can I use EURR in everyday payments?
Yes. With Oobit, you can spend EURR globally anywhere Visa is accepted.
How does EURR differ from other stablecoins?
Unlike USD-backed stablecoins such as USDT and USDC, EURR is pegged to the Euro, making it ideal for European users.
Is EURR regulated?
Yes. EURR complies with the EU’s MiCA framework for stablecoins, ensuring strong oversight and consumer protection.
Can EURR lose its peg?
Like all fiat-backed stablecoins, extreme market or banking disruptions could temporarily affect the peg, but MiCA safeguards reduce this risk.
How do I redeem EURR for Euros?
You can redeem EURR through issuers or integrated platforms, converting tokens back to Euros held in bank accounts.
With Oobit, EURR becomes an everyday payment tool. You can tap and pay in stores wherever Visa is accepted, shop online with Apple Pay and Google Pay, and cash in or cash out through supported European banking rails.
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