Royal Euro
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Royal Euro Token (REUR) is a fiat-backed stablecoin issued by The RIB Digital Holdings Limited, based in Hong Kong, and designed to maintain a 1:1 value with the Euro, subject to reserve sufficiency and redemption terms. It targets use cases such as payments, treasury operations, over-the-counter trading, and exchange liquidity, where a stable Euro-denominated instrument settled on a public blockchain is useful. The intended users are institutions and counterparties who want fast, transparent settlement without the price volatility typical of most crypto-assets.
REUR is a fiat-backed token, meaning each unit in circulation is intended to be supported by Euro-denominated reserves held by the issuer, rather than by an on-chain algorithm. The token operates across multiple public blockchains, including Ethereum, BNB Chain, and Tron, allowing it to settle on whichever network a counterparty requires. No consensus algorithm is recorded for the project itself, as the stability mechanism relies on the issuer's reserve management rather than a native blockchain consensus design.
The data stored for REUR contains no fee stream — there is no recorded protocol revenue, fee collection, or distribution mechanism — so fee-based measures are not applicable here. The circulating supply stands at 15,000,000 REUR at the point-in-time measurement, while a separate stablecoin-circulating figure of 17,072,615.52 is recorded for the same moment. The 30-day change in stablecoin supply is 0.0, meaning no net expansion or contraction occurred over that period. The current price of 4.13 USD reflects the Euro's exchange rate against the US Dollar rather than any deviation from a 1:1 Euro peg.
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