Issuers / Terraform Labs
Terraform Labs
Terraform Labs
Terra euro algorithmic stablecoin (seigniorage/mint-burn vs LUNA). Collapsed May 2022; no backing or redemption.
Not regulatedDecentralized (Terra chain)
Overview
Terraform Labs is a euro stablecoin issuer based in Decentralized (Terra chain). It issues EUT, tracked on this site. Terraform Labs is the brand; EUT is legally issued by Terraform Labs (Terra ecosystem). Its regulatory status is recorded as Defunct algorithmic euro stablecoin (Terra); not a MiCA EMT, with None as the named regulator.
Issued assets
1
EUT
Total supplyEUR
—
—
Regulator
None
Defunct algorithmic euro stablecoin (Terra); not a MiCA EMT
Attestation
Unknown
None (algorithmic)
Regulatory profile
| Legal entity | Terraform Labs |
| Legal issuer | Terraform Labs (Terra ecosystem) |
| Jurisdiction | Decentralized (Terra chain) |
| MiCA status | Defunct algorithmic euro stablecoin (Terra); not a MiCA EMT |
| Regulator | None |
| Backing | Terra euro algorithmic stablecoin (seigniorage/mint-burn vs LUNA). Collapsed May 2022; no backing or redemption. |
| Attestation | Unknown · None (algorithmic) |
Issued assets
Access & redemption
| Access type | Retail |
| Onboarding | None required |
| Direct mint | Not available |
| Direct redeem | Not available |
| Freeze capability | No |
Key documents
No public document URLs on record.
Issuer data sourced from official regulatory registers, issuer disclosures, and MiCA authorization records. Last verified: 2026-07-30. No public source found on record for: reserve report, white paper / asset description, attestation cadence. 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 →