EuroPrime (EURP) is an ERC-20 payment token deployed on the Polygon PoS network, designed to represent one Euro on the blockchain. Each EURP in circulation is backed 1:1 by one Euro held in segregated reserves.
The Problem EURP Solves
Traditional Euro payments are slow, expensive and opaque. An international bank transfer can take 1–3 business days, carry fees of €15–50 per transaction and require multiple intermediaries. For businesses, DAOs and individuals transacting across borders, this is a significant friction.
Blockchain technology enables near-instant, low-cost, transparent settlement — but most crypto assets are denominated in volatile currencies. EURP bridges this gap: it gives you the stability of the Euro with the settlement properties of a blockchain token.
How EURP Works
The Reserve Model
Every EURP token in circulation corresponds to exactly one Euro held in a segregated reserve account. The reserve consists of cash and highly liquid, low-risk instruments. Periodic independent attestation confirms the 1:1 backing.
This is distinct from algorithmic stablecoins, which rely on complex mechanisms to maintain their peg. EURP's peg is maintained by direct 1:1 EUR backing — simple, transparent and auditable.
Why Polygon PoS?
Polygon PoS (Chain ID 137) is an EVM-compatible network with transaction fees below €0.01 and finality in seconds. It is fully compatible with MetaMask, Coinbase Wallet and any Web3 wallet that supports custom networks. EURP can be traded on DEXes like QuickSwap and integrated with any Polygon-based smart contract.
Contract Details
EURP is not a MiCA-compliant e-money token and is not available to EU residents, US persons or users in restricted jurisdictions. It is not legal tender.