Monerium
Monerium is an Icelandic fintech company specializing in issuing e-money on blockchain networks, with its main product being the euro-backed stablecoin, EURe.
HeadquartersReykjavík, Iceland
Founded2015
CEOGísli Kristjánsson
StagePrivate
FoundersGísli Kristjánsson, Sveinn Valfells, Jón Helgi Egilsson, Tryggvi Björn Gunnarsson
Key InvestorsConsenSys Mesh, Crowberry Capital, Hof Holdings
Websitemonerium.com ↗
LinkedInmonerium ↗
GitHub@monerium ↗
Products
Monerium is a fintech company based in Reykjavík, Iceland, founded in 2015. It specializes in issuing e-money on blockchain networks, with a focus on stablecoins.
Monerium is authorized and regulated as an Electronic Money Institution under the Icelandic Electronic Money Act No. 17/2013, supervised by the Financial Supervisory Authority of the Central Bank of Iceland.
Regulatory Status
Iceland / EEA
Electronic Money Institution under Directive 2009/110/EC and Icelandic Act No. 17/2013, passported in the EEA
Frequently Asked Questions
What stablecoin does Monerium issue?
Monerium issues EURe, a euro-denominated on-chain e-money token. EURe is the primary product on this issuer page, with EURE market capitalization of $31M as of 1 July 2026.
Is EURe regulated under MiCA?
Monerium states that it is a licensed Electronic Money Institution and that EURe is compliant with EU e-money rules and MiCA. This makes EURe different from unlicensed euro-pegged crypto-collateralized tokens, because it is presented as regulated electronic money redeemable for euros.
How is EURe backed?
Monerium states that every EURe token is backed 100% by high-quality liquid euro reserves held in safeguarded accounts. The issuer also describes EURe as redeemable 1:1 for euros.
What chains does EURe support?
Public product guides describe EURe as available on Ethereum, Polygon and Gnosis. For production integrations, the issuer's own contract and network documentation should be treated as the controlling source because token addresses can change by chain and version.