OCB — Quality Rating · Stablecoins
EUROe Quality Rating
EUROe (Membrane Finance) scores 54.8/100 on OnChain Benchmark's Stablecoin Quality Rating — rated Limited (methodology v1.5-stablecoin, as of Oct 16, 2026).
Latest onchain read Oct 16, 2026
Updated daily
Quality score
54.8
of 100 · Limited
Dimensions measured
4
of 4
Outstanding supply
$64.88K
as of Oct 16, 2026
Chains
2
with measured supply
Why EUROe scores 54.8
The biggest gap in EUROe's score is how concentrated its ownership is.
The four dimensions carry equal weight; their scores add up to the composite.
Composite
54.8 / 100
| Dimension | Score |
|---|---|
Holder Concentration Ownership is concentrated: the top 10 holders across Ethereum and Polygon own 89.2% of the free float on those chains. Upgrade factorA wider holder base, with the top 10 owning 80% or less (9 of 25). | 4 / 25 |
Transparency No reserve report is on record. Upgrade factorPublishing regular reserve reports, confirmed by an independent auditor. | 8.8 / 25 |
Redemption Depth Redemption with the issuer takes one to three days; the top score needs faster redemption or a deep onchain market alongside it. Upgrade factorRedemption for anyone within a day (22 of 25). | 19 / 25 |
Reserve Quality The reserves are cash and Treasury bills, but they're confirmed by an auditor's report rather than visible onchain. Upgrade factorReserves anyone can verify onchain (25). | 23 / 25 |
OCB Instrument
Outstanding supply
Rating history
No change since Oct 15, 2026
EUROe has held its 54.8/100 rating (Limited) with no change since Oct 15, 2026.
Key facts
Issuer, rubric and methodology
- Issuer
- Membrane Finance
- Asset class
- Stablecoins
- Rubric
- Stablecoin Quality Rating
- Methodology
- v1.5-stablecoin
- Last scored
- Oct 16, 2026
- What it is
- Membrane Finance's EUROe euro stablecoin (FIN-FSA, MiCA EMT).
Chains
Share of measured supply by chain
With measured supply
2
| Chain | Share of measured supply |
|---|---|
| Polygon | 64.4% |
| Ethereum | 35.6% |
Evidence
Verified facts behind the rating
A sample of the verified facts behind EUROe’s score. The full diligence trail is in the terminal.
Facts shown
1
| Dimension | Finding | Verified |
|---|---|---|
| Disclosure Quality | Contract address verified on Ethereum: 0x820802fa8a99901f52e39acd21177b0be6ee2974 (primary deployment) Confirmed active onchain. | Aug 28, 2026 |
Cite this rating
Reference EUROe’s rating
Every rating carries its methodology version and a stable permalink, so a citation stays accurate after a later rescoring run.
OnChain Benchmark (2026). EUROe Quality Rating: 54.8/100 (Limited), as of Oct 16, 2026. Methodology v1.5-stablecoin. https://onchainbenchmark.com/instruments/euroe
OnChain Benchmark (2026) 'EUROe Quality Rating', OnChain Benchmark, Limited, 54.8/100, methodology v1.5-stablecoin. Available at: https://onchainbenchmark.com/instruments/euroe (Accessed: Oct 16, 2026).
@misc{ocb_euroe_2026,
author = {{OnChain Benchmark}},
title = {{EUROe Quality Rating}},
year = {2026},
note = {54.8/100, Limited, methodology v1.5-stablecoin},
url = {https://onchainbenchmark.com/instruments/euroe}
}The interactive terminal shows every verified fact behind EUROe's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.