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Monerium The onchain fiat platform
Monerium
Company Overview.
Description.
Monerium is a regulated onchain fiat platform founded in 2017 and headquartered in Reykjavík, Iceland. The company operates as a licensed Electronic Money Institution (EMI) and Virtual Asset Service Provider (VASP) under the Financial Supervisory Authority of the Central Bank of Iceland, and is MiCA-compliant across the European Economic Area. Monerium issues regulated euro (EURe), British pound (GBPe), and US dollar (USDe) stablecoins that are fully backed 1:1 by high-quality liquid reserves held in safeguarded accounts. The platform has processed over €8 billion in volume between traditional banking and DeFi markets, serving partners including MetaMask, Gnosis Pay, Safe, Aave, CoW Swap, Bleap, Zeal, and Balancer.
Key Infrastructure.
Each EURe token is backed 1:1 by high-quality liquid euro reserves held in safeguarded segregated accounts and redeemable for euros at par value at any time.
Deployed across Ethereum, Polygon, Gnosis, Arbitrum, Base, Linea, and Noble with cross-chain transferability, EURe serves as the foundational onchain euro unit for DeFi protocols, payment platforms, and fintech applications requiring regulated stablecoin infrastructure with legal clarity across the European Economic Area.
Available in 190+ countries with zero fees for minting and redemption, the IBAN infrastructure eliminates the traditional separation between bank accounts and crypto wallets by making euros programmable on blockchain networks while remaining interoperable with traditional banking rails through standard SEPA credit transfers and instant settlement capabilities.
Partners handle user experience and branding while Monerium provides the regulated EMI license, compliance framework, token issuance and redemption, bank connectivity, and blockchain settlement layer.
This white-label model allows teams to launch euro-native financial products without needing to obtain their own EMI license or build the underlying banking, compliance, and blockchain infrastructure from scratch.
The issuance engine operates 24/7/365 across multiple blockchain networks, supports ERC-20, ERC-2612 Permit, and ERC-1271 standards for DeFi-native integrations, and features smart contracts independently audited by Ackee Blockchain and Noble.
All issued e-money tokens represent direct claims on Monerium as a regulated EMI under Icelandic and EU law rather than unregulated stablecoin arrangements.
Includes account creation, KYC/KYB onboarding, IBAN management, SEPA payment initiation, EURe minting and redemption, transaction history, and webhook notifications.
Features a fully functional sandbox environment for testing integrations without affecting production data, comprehensive documentation with code examples, and flexible authentication options including API keys and OAuth for different integration scenarios across wallet, fintech, and enterprise use cases.
Because Monerium controls the issuance of EURe directly as an EMI, liquidity can be created dynamically at the moment of trade execution rather than depending entirely on third-party pools.
Combined with native integrations across Aave (lending), CoW Swap and Balancer (DEX), and 1inch (aggregation), this enables deep euro liquidity, efficient settlement, and competitive pricing for larger trades moving between euros, stablecoins, and other crypto assets.
Additional Features.
General Questions.
Monerium issues regulated onchain fiat stablecoins (EURe, GBPe, USDe) as a licensed Electronic Money Institution and provides a platform that connects SEPA bank payments directly to blockchain wallets via named IBANs. The company offers white-label infrastructure enabling wallets, fintech apps, and payment platforms to embed euro accounts, bank payments, and regulated stablecoins through a single API.
Wallets (MetaMask, Safe, Zeal, Bleap), DeFi protocols (Aave, CoW Swap, Balancer, 1inch), payment platforms (Gnosis Pay), and enterprises building euro-native financial products. Also serves individual users directly through the Monerium App.
Yes. Monerium hf. is a licensed Electronic Money Institution (EMI) and Virtual Asset Service Provider (VASP) authorized by the Financial Supervisory Authority of the Central Bank of Iceland under Act No. 17/2013 (e-money) and Act No. 18/2018 (AML). The company is MiCA-compliant across the European Economic Area.
Blockchains: Ethereum, Polygon, Gnosis, Arbitrum, Base, Linea, Noble. Stablecoins: EURe (euro — primary product with full documentation), GBPe (British pound), USDe (US dollar). EURe follows ERC-20, ERC-2612 Permit, and ERC-1271 standards.
