EURS, listed by CoinGecko as STASIS EURO, is a euro-denominated stablecoin issued by STASIS. The project describes EURS as a digital token designed to track the euro and publishes reserve and circulation information for the asset. As with any issuer-backed stablecoin, the stated reserve model, market liquidity, and practical ability to redeem depend on the issuer’s current arrangements and the route a holder uses.
Market Snapshot: EURS
| Metric | Value |
|---|---|
| Ticker | EURS |
| Price | $1.12 |
| Market Cap | $6.633 million |
| 24-Hour Change | +2.10% |
| 24-Hour Volume | $99,511.98 |
| Circulating / Total Supply | 5.907 million |
CoinGecko page snapshot: 2026-10-20. Live values can change; this is not investment advice.
Tokenomics and supply
EURS does not use mining rewards or a fixed maximum supply to define its economics. Its circulating supply changes with issuance and redemption, and CoinGecko reported about 5.907 million EURS in both circulating and total supply in its October 20, 2026 snapshot. That provider-reported figure is not a bank statement and can differ from issuer or on-chain figures as tokens move between supported networks.
The token’s intended value is tied to the euro, but a target peg is not a guarantee that every EURS market will quote €1. Trading prices can vary because of liquidity, network costs, exchange access, and confidence in the issuer’s redemption arrangements. The CoinGecko table is a dated secondary-market snapshot, not proof of reserve backing.
Issuer reserve reporting
STASIS says EURS is backed by euro liquid balances and publishes daily statements, quarterly verification, and annual audit material on its transparency page. The page also displays an issuer-reported circulation figure and reserve allocations. Those statements are useful evidence of what the issuer reports; readers should open the underlying dated documents and check their scope, auditor, and period rather than treating a summary dashboard as an independent guarantee.
EURS is not itself a bank deposit. Access to a fiat redemption route may depend on the issuer’s terms, onboarding, jurisdiction, supported wallet or exchange, and operational availability. A holder relying on a secondary market also faces trading and liquidity risk even when an issuer reports full reserve backing.
Networks and practical risks
STASIS reports EURS across Ethereum and several other settlement networks. Its transparency page labels some network balances as bridged through third-party services and places responsibility for those bridges with users. A bridged or wrapped representation can add smart-contract, custodian, and liquidity risks that are separate from the euro reserve claim for the issuer’s underlying token.
A December 2024 Reddit discussion about the end of EURS minting on Algorand shows why chain-specific support matters: users asked how they could obtain or move EURS after one route changed. That discussion does not establish that all EURS networks stopped operating; check STASIS’s current network information before choosing a chain or bridge.
Social Media Sentiment
A December 2024 r/Algorand thread about the end of EURS minting on Algorand includes user confusion and frustration over the available on-ramp and network routes. It is a small, chain-specific discussion from that service change, not evidence about current reserves or the experience of every EURS user. Read the referenced Reddit discussion.
Last updated: 2026-10
Related Terms
See Also
- How Do Crypto Bridges Work — And Why Are They Such a Hack Target?
- What Is Tokenomics — And Why It Determines Whether a Crypto Project Survives
- Elon Musk Helped Shape the Law That Would Govern His Own Stablecoin
- Explore crypto with ChangeNOW
Sources
- STASIS — Transparency and Reserve Verification — Shows STASIS’s current reserve statements, published verification and audit material, circulation data, and the network allocations it reports.
- STASIS — About the EURS Stablecoin — Describes the issuer’s intended euro peg, use cases, and stated backing model for EURS.
- CoinGecko — STASIS EURO (EURS) — Provides the dated market price, volume, market-cap and supply snapshot; these figures are secondary-market data and can change.