About Anchored Coins AEUR (AEUR)
AEUR is a stablecoin backed by the Euro and issued on both the Ethereum and BNB Blockchain platforms. The intent is to provide a stablecoin that maintains a one-to-one parity with the Euro, held in a specified reserve bank. This structure is intended to ensure the stability and security of the coin's value.
Alongside AEUR, Anchored Coins has also developed ACHF, a stablecoin backed by the Swiss Franc. Both AEUR and ACHF are designed to function as mediums for financial transactions and value exchange, targeting stability by linking their value to established fiat currencies. This approach is aimed at providing a more predictable and less volatile option compared to traditional cryptocurrencies.
Issued by Anchored Coins AG, AEUR is designed to be an option for those seeking more stability in digital transactions. Each AEUR unit represents a claim of one Euro, backed by funds in a designated reserve bank.
As per the project's website, transparency in the management of AEUR's reserve accounts is its key feature, with independent audits conducted by firms such as Prescient Assurance. These audits are intended to provide reassurance regarding the stability and reliability of the reserve funds.
In summary, AEUR and ACHF by Anchored Coins are stablecoins that aim to offer a stable and secure alternative in the digital finance space. These coins link their value to the Euro and Swiss Franc, respectively, and are intended to provide a less volatile option for users engaged in digital transactions.
The live price of Anchored Coins AEUR (AEUR) is updated and available in real time on Binance.