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BLUE EMI euro token vs ENUSD: two MiCA-regulated stablecoins compared.

BLUE EMI euro token
UAB BLUE EMI LT · EUR peg · Bank of Lithuania

score pending verification

Footprint · context only · weight 0

ENUSD
Fiat Republic Netherlands B.V. · USD peg · DNB

score pending verification

Footprint · context only · weight 0

DimensionBLUE EMI euro tokenENUSD
IssuerUAB BLUE EMI LT · LithuaniaFiat Republic Netherlands B.V. · Netherlands
PegEURUSD
FX risk for a euro householdNoneEUR/USD exposure
MiCA statusEMT · Title IV EMT · Title IV
RegulatorBank of LithuaniaDNB
Reserves summaryEMT issued under a Lithuanian EMI licence.USD-backed EMT under the same Dutch EMI authorisation as ENEUR.
NoteWhite paper notified 2025-08-01; no public ticker confirmed.Small float, payments-focused.
BandPartially verifiedPartially verified
Compositependingpending
D1 Regulatory
D2
D3
D4
Checked24 JUL 202624 JUL 2026

Checked 24 JUL 2026 against the ESMA register and issuer attestations.

Our read

BLUE EMI euro token is a EUR-pegged MiCA e-money token from UAB BLUE EMI LT (band 3); EagleNet USD is a USD-pegged MiCA e-money token from Fiat Republic Netherlands B.V. (band 3).

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