e-Money EUR EEUR
EEUR
0.8215
£
0.03 %
Change 24h
Market Cap
£ 8,894,593
Volume 24h
£ 129,355
Circulating Supply
10,801,900
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.