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e-Money EUR EEUR
EEUR
0.5270
$
2.18 %
Change 24h
Market Cap
$ 253,432
Volume 24h
$ 6718.4
Circulating Supply
480,873
Total Supply
5,739,626
EEUR
$
Description
e-Money stablecoins are a further stage in the development of collateralized stablecoins, but with some great advantages of their own which truly set them apart.
Firstly, e-Money stablecoins are not prone to the many drawbacks and inherent instability of algorithmic stablecoins. e-Money stablecoins are collateralized in the same currency as which they are issued so the eEUR stablecoin is collateralized in Euros. The simplicity of this system also means that currency-backed stablecoins are highly efficient and liquid.