Paxos Issuance Europe (formerly Membrane Finance)
Paxos Issuance Europe (formerly Membrane Finance) issues tokenized assets tracked by OnChain Benchmark.
www.paxos.com/euroe-redemptions ↗1 instrument under coverage
| Instrument | Class | Score | Band | Supply (USD) | Trace |
|---|---|---|---|---|---|
| EUROe | Stablecoin | 67 | DEVELOPING | $65.54K |
Paxos Issuance Europe (formerly Membrane Finance) — aggregate quality rating, 90 days
Paxos Issuance Europe (formerly Membrane Finance) — Aggregate Quality Rating
Weighted-average composite score (0–100)
Paxos Issuance Europe (formerly Membrane Finance) aggregate quality rating is 68 as of Sep 26, 2026, weighted by outstanding supply across 1 rated instrument.
Regulatory standing and governance
- Jurisdiction
- Finland
- Regulatory status
- FIN-FSA (Finland): Electronic money institution; MiCA e-money token issuer (EUROe, now redemption-only) · Paxos Issuance Europe Oy Register ↗
- Legal structure
- Oy (Finnish e-money institution); EUROe in redemption-only wind-down
- Change control
- Not disclosed
- Financial auditor
- Not publicly disclosed
Each instrument under Paxos Issuance Europe (formerly Membrane Finance) is scored independently across four dimensions — Reserve Quality, Redemption Depth, Transparency, and Holder Concentration — contributing up to 25 points each. The aggregate score shown here is weighted by outstanding supply across 1 rated instrument.
Read the full methodology →