Verify what backs a stablecoin
DIA Value computes intrinsic fair value for stablecoins from reserves and on-chain data, so backing and peg health can be verified.
Supply across all stablecoins
Its one stablecoin. At least this much: 0 of 1 chains read
Share of total stablecoin supply
#88 of 98 issuers by supply
Share of non-USD stablecoin supply
of 74 non-USD stablecoins on the map
Stablecoins issued
median issuer: 1
Chains
with material supply, market data
Founded / domicile
LT · Vilnius
Newrails issues EURW, a MiCA-compliant euro electronic money token backed 1:1 by euro reserves and offered alongside European IBAN accounts for institutional settlement.
EURW is Newrails's only stablecoin.
EURW's supply, counted once across its chains.
How far each stablecoin Newrails issues sits from its peg today, from DIA's latest snapshot.
Typical daily move is the standard deviation of the daily gap between the price and the peg over the last 90 days. Largest move is the single day in the last 12 months furthest from the peg. Both come from daily closes at 00:00 UTC (DeFiLlama, with CoinGecko where DeFiLlama has no price) and match the figures on each stablecoin's own page.
EURW is priced through a daily exchange rate fixed at a different time of day from the stablecoin's close. That widens the 90-day and largest figures, so they are not comparable with the USD stablecoins' figures.
The largest move leaves out days when most other stablecoins of the same currency moved the same way: that move is the exchange rate, not the stablecoin. Left out: EURW 5 days. The same days are left out on each stablecoin's own page.
Stablecoins whose value rises by design, such as savings wrappers, have no peg figures. Their price is a yield curve, not a peg.
| Stablecoin | 90d | Largest |
|---|---|---|
| 21 bps | +77 bps (+0.77%) |
Lending-market supply of Newrails's stablecoin. Yield pools live on the stablecoin's own page.
No lending market read yet.
EEA electronic money or credit institution authorised to issue an e-money token under MiCA.
Licences: Bank of Lithuania Electronic Money Institution (EMI) licence
Summed by recorded day (daily for the last year, weekly before that). This chart is DeFiLlama circulating supply. The headline figure above is mostly DIA’s onchain reads, with DeFiLlama where DIA does not read, so the last point can differ from it.
Source: DeFiLlama circulating supply Updated
