Issuers / Membrane Finance / Paxos
Paxos Issuance Europe Oy (formerly Membrane Finance Oy)
Membrane Finance / Paxos
1:1 EUR e-money per MiCA EMT white paper; product decommissioned by Paxos, redemption-only
Licensed EMIFinland (EU)
Overview
Membrane Finance / Paxos (Paxos Issuance Europe Oy (formerly Membrane Finance Oy)) is a euro stablecoin issuer based in Finland (EU). It issues EUROe, tracked on this site. Its regulatory status is recorded as Licensed EMI (FIN-FSA) — token decommissioned, redemption-only, with FIN-FSA (Finnish Financial Supervisory Authority) as the named regulator. Reserve attestations are ad hoc, by Not published for the redemption-only phase.
Issued assets
1
EUROe
Total supplyEUR
€116K
circulating · 2026-09-30
Regulator
FIN-FSA (Finnish Financial Supervisory Authority)
Licensed EMI (FIN-FSA) — token decommissioned, redemption-only
Attestation
Ad hoc
Not published for the redemption-only phase
Regulatory profile
| Legal entity | Paxos Issuance Europe Oy (formerly Membrane Finance Oy) |
| Jurisdiction | Finland (EU) |
| MiCA status | Licensed EMI (FIN-FSA) — token decommissioned, redemption-only |
| Regulator | FIN-FSA (Finnish Financial Supervisory Authority) ↗ |
| Backing | 1:1 EUR e-money per MiCA EMT white paper; product decommissioned by Paxos, redemption-only |
| Attestation | Ad hoc · Not published for the redemption-only phase |
Issued assets
Access & redemption
| Access type | Retail |
| Onboarding | KYC |
| Direct mint | Not available |
| Direct redeem | Available |
| Freeze capability | Yes |
Key documents
Issuer data sourced from official regulatory registers, issuer disclosures, and MiCA authorization records. Last verified: 2026-06-12. No public source found on record for: reserve report. These fields are shown as — rather than estimated. Figures are informational and should be verified against the issuer’s own and the regulator’s disclosures. Source classes & methodology → · Data coverage → · All issuers →