EUROT, issued by Token Teknoloji Anonim Şirketi, is a collateralized stablecoin maintained at a 1:1 ratio with the Euro (EUR), with onchain supply matched by reserves held in Turkish banks. [S1][S2][S3]

Each EUROT tracks the price of one Euro (EUR) and is stated to be fully backed at a 1:1 ratio by EUR reserves held at Ziraat Participation Bank and Akbank, with bank-issued reserve documents dated May to July 2024 published on the Proof of Reserves page. [S2][S3][S4] No yield, interest, or NAV accrual accrues to holders. [S2] Token charges a commission on platform buy and sell transactions at rates it determines under its Fee Tariff, and blockchain transfer fees are non-refundable. [S5]

The issuer is Token Teknoloji Anonim Şirketi, a Turkish joint-stock company formed in 2021. [S6][S7] Token applies Turkish Law No. 5549 and No. 6415 and FATF anti-money-laundering (AML) standards, and states that crypto asset markets are not subject to legal regulation or a special regulatory framework in Turkey. [S8][S9] The token is described as a collateralized stablecoin rather than a deposit; held assets may be commingled with other users and returned pro-rata. [S2][S9] Users must be 18, complete KYC verifying identity against the Turkish Interior Ministry database, and hold one account in their own name. [S5][S8] Conversion to fiat is described via the trading route. [S10][S2]

EUROT is an EVM-compatible token issued on Avalanche C-Chain, Polygon and Ethereum, compatible with EVM-supporting wallets. [S1][S2] Minting and burning are automated by smart contracts: producing a token adds equivalent EUR reserves, and reduced reserves trigger burning, keeping supply matched to reserves. [S1][S2] Token supply and its reserve counterpart are viewable onchain. [S2][S4]

<Sources
  retrievedAt="2026-06-23"
  items={[
    { id: "S1", url: "https://www.token.com.tr/en/reserve-tokens/ons-gold-onsg/" },
    { id: "S2", url: "https://www.token.com.tr/en/reserve-tokens/usd-token-usdot-2/" },
    { id: "S3", url: "https://www.token.com.tr/en/reserve-tokens/" },
    { id: "S4", url: "https://www.token.com.tr/en/proof-of-reserves/" },
    { id: "S5", url: "https://www.token.com.tr/kullanici-sozlesmesi/" },
    { id: "S6", url: "https://www.token.com.tr/hakkimizda/" },
    { id: "S7", url: "https://www.token.com.tr/en/about-us/" },
    { id: "S8", url: "https://www.token.com.tr/aml-cft-kyc-politikasi/" },
    { id: "S9", url: "https://www.token.com.tr/risk-bildirimi/" },
    { id: "S10", url: "https://www.token.com.tr/en/reserve-tokens/usd-usdot/" },
  ]}
/>


Stablecoins

Token Teknoloji issues fiat-backed stablecoins redeemable 1:1 for the underlying currency, with reserves held to maintain the peg.

Token Teknoloji A.Ş. is a Turkish fintech company that issues regulated asset-backed digital tokens on public blockchains. Its flagship product EUROT is a Euro-pegged stablecoin deployed on Avalanche and Polygon.

Token Teknoloji A.Ş. is based in Turkey and operates under Turkish regulatory frameworks.

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Stablecoin issuers

Token Teknoloji

Token Teknoloji A.Ş. EURO (EUROT) is a euro stablecoin issued by Token Teknoloji through Token Teknoloji Anonim Şirketi.

They sit with Ziraat Participation Bank and Akbank.

Token Teknoloji Anonim Şirketi is the issuing entity.

EUROT has been issued on public blockchains since August 2023 and is native to Polygon and Avalanche.

Token Teknoloji A.Ş. EUROEUROT

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