In short, Statis Euro is yet another stablecoin that is supposed to be backed by the corresponding fiat currency. I am not sure whether the company has provided the actual proof of liquidity to back EURS, but let's not dwell on that. In my opinion, EURS, and the similar low-ranked stablecoins, will not survive the competition with USDT, USDC, and other well-established cryptocurrencies. Not to mention that we have Libra on the horizon, which might render all other stablecoins obsolete.
Recently, many new alternatives linked to stable assets of cryptocurrency tokens have appeared.
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In 2019, cryptocurrencies can be called the most popular financial instrument. High volatility of tokens creates a good potential for obtaining...
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EURS token is a virtual financial asset that is designed to digitally mirror the EURO on the condition that its value is tied to the value of its collateral. This allows it to curb the extreme volatility inherent to many cryptocurrencies. Its compatibility with the traditional financial system allo...
| Currency | Price, USD | 24h | |
|---|---|---|---|
| 1 | Bitcoin | 7 983.796 | -1.45% |
| 2 | Ethereum | 172.324 | -2.97% |
| 3 | XRP | 0.247 | -2.63% |
| 4 | Bitcoin Cash | 239.020 | -1.6% |
| 5 | Tether | 1.005 | -0.95% |
| 6 | Litecoin | 52.858 | -5.47% |
| 7 | EOS | 2.988 | -4.53% |
| 8 | Binance Coin | 17.434 | -6.33% |
| 9 | Bitcoin SV | 103.510 | -4.19% |
| 10 | Stellar | 0.063 | -4.66% |
