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e-Money EUR

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r/CryptoCurrencySee Post

Are regulated stablecoins the future of payments?

r/CryptoMarketsSee Post

Several blockchain-based projects are accelerating mass crypto adoption

r/CryptoCurrencySee Post

A look on stablecoins fully collateralized by physical deposits: e-Money!

Mentions

The truth is that volatility isn't helping crypto adoption as means of payment. Businesses are shying away from adopting crypto in their payment systems due to volatility. Stablecoins especially the fully backed ones like BUSD, USDC, and EEUR still remain the most viable payment options since they're able to maintain their price.

This is a good development. Stablecoins should be 100% collateralized and audit report of the backing provided from time to time. EEUR remains of the stablecoins with quarterly proof of funds audit report. I believe I've also seen USDC and BUSD audit report.

This is why fully backed, audited, and compliant stablecoins are good payment options for businesses and as a store of value. BUSD and USDC are good options as well as EEUR for European businesses.

It does make sense to have stablecoins that are fully collateralized such as USDC, BUSD, and EEUR as opposed to algo stablecoins such as UST and USDN. Most fully backed stablecoins can always be redeemed to their issued currencies.

I haven't been a fan of algo stablecoins since we all watched UST's crash. This is a wake up call for many who are still relying on these Ponzi algorithmic stablecoins to rethink their choices. I will continue to hodl USDC, BUSD and EEUR since all are fully collateralized.

This is why, a few months ago, I converted my USDT funds to BUSD and EEUR as they are audited. I'm hoping this doesn't nuke the market.

For me, I'm staking ATOM, EVMOS, JUNO, and NGM as well as providing liquidity with EEUR on Osmosis DEX to enjoy incentives. Additionally, by staking these tokens, I earn airdrops. On your inquiry regarding ATOM, you can earn 18% APY staking it and profiting from airdrops, and it is sustainable.

If you wanted to give up you're probably too late now. You're either better off DCAing now, or biding your time before buying. Staking also plays a cool part for hodling. Most of my staking rewards on cosmos are converted to EEUR to have deployment funds in the next 6-12 months.

Mentions:#EEUR

Keep calm & hodl. Never get shaken out. Always keep some stablecoins, especially collateralized ones like EEUR, EDKK, USDC, etc. Zoom out and get the bigger picture. DCA at intervals.

Mentions:#EEUR#USDC

The earlier ones accumulate, the better. Most of the altcoins are 90% down from their ATH, especially the low-caped ones. I’m using this opportunity to buy & DCA at ridiculously cheap prices because I don’t think prices will drop significantly lower. I’m also keeping stablecoins like USDC & EEUR, both are collateralized and backed by fiat currencies.

Mentions:#USDC#EEUR

There is also EEUR on e-money

Mentions:#EEUR

Around 30-40% of monthly income. This could go as high as 70% during the bull market. I bought some fundamentally solid coins last year and they are already 80% down from ATH. NGM, OCEAN, CARD mostly. I'm also holding collateralized stablecoins - $EEUR is much safer and trustworthy compared to $USDT and the rest.

I’m keeping some stablecoins as well, the best type of #stablecoins to hold are the collateralized ones backed by fiat. I'm holding $EEUR, it is interest bearing, compliant with EU laws, fully collateralized, and audited by E&Y. Also holding some $NGM & CARD bags, lying in wait for adoption.

ETH Merge is successful ✅ ADA Vasil Upgrade is upon us ⌛ This is probably the best time to buy your favorite coins. That's why I’m buying NGM, CARD, OCEAN, BRKL, ETH & ADA right now. Also keeping stables in EEUR on Osmosis in case the prices drop further.

My biggest "dodged a bullet" was moving my funds from UST to EEUR, a stablecoin on the cosmos before the crash. I really counted myself lucky because the crash happened 2 weeks after I move my funds.

Mentions:#EEUR

They are already existing crypto payment platforms such as Utrust and e-Money with EEUR stablecoin which is designed for making and receiving cross-border payments instantly.

Mentions:#EEUR

True. I use USDC BUSD mainly. Though, vert familiar with EEUR being on Cosmos.

Well, I feel regulation will help in some ways. Institutional will be open to investing more in crypto if regulated, and I feel the rate of scams/Ponzi will reduce. And the fact that regulated compliant stablecoins like EEUR, USDC, BUSD & more are the most adopted, secured and trusted also proves why regulation will help adoption.

Use Binance. It's the only CEX exchange I trust. I also use Simplex, it's a secure fiat-to-crypto infrastructure, so most time I buy EEUR stablecoin there with my debit card and move to my Keplr wallet.

Mentions:#CEX#EEUR

I always say this, crypto as a payment method is the way forward. But I feel using stablecoins as a payment method will be more beneficial. They are a safe store of value, have low fees, borderless transactions, and are not volatile. And when I say stablecoins, I mean the ones that are fully reserved and audited like BUSD, USDC, EEUR, and more.

This is the truth many people outside America and Europe fail to understand at times. It's 10x easier for me to get BUSD than actual USD here in my country. Also, EEUR makes it very easy for me to actually send payments to my sister in Europe for the business we do together. Crypto as a payment method is a blessing!

Mentions:#BUSD#EEUR

Besides subscribing to adult contents, crypto is being used a lot for payments. I received my monthly rental income in EEUR, one of e-Money's stablecoins. More businesses are going to integrate crypto payments in the future.

Mentions:#EEUR

EEUR is also having a fair share of that, especially as one of the top European laws-compliant stablecoins out there. EEUR is one of the 5 collateralized stablecoins issued by e-money, they are also interest-bearing. I strongly believe that payment is the crypto’s holy grail to massive adoption which is why e-money is on my list. The quarterly audit by E&Y is such an overkill to have more adoption by businesses and institutions.

Mentions:#EEUR

Collateralized stablecoins are safer and more reliable than algorithmic ones. Little wonder why more platforms are exploring them. Aside from Circle’s USDC, e-money’s EEUR is another one I’m holding right now. EEUR is interest-bearing & backed by the Euro. It is also audited by Ernst & Young every 3 months to ensure transparency. Also looking forward to AAVE’s proposed launch of GHO.

People are beginning to realize the importance of fully backed stablecoins. BUSD's market share is also rising. Euro Coin and EEUR are two other fully backed stablecoins to watch out for.

Mentions:#BUSD#EEUR

Meanwhile EUROT, EUROC and EEUR also battle it out on the Euro side :) All Solid stablecoins!

Mentions:#EUROC#EEUR

If it's backed by fiat then there won't be a problem although I'm not a fan of Harmony. USDC, BUSD and EEUR are my favourite fully backed stablecoins.

They did, however, discuss transparency and compliance. After seeing their audit, I will invest in it. Until then, I'm sticking with EEUR, USDC, and BUSD.

Terra and UST crash was an eye-opener. I'm comfortable with emoney's fully audited, interest-bearing stablecoins like EEUR, and USDC, BUSD, DAI.

There has been a lot of progress in crypto since 2017. Many projects such as NGM focus on banking the unbanked. Making cross-border payments has also become very easy and cheap using e-Money stablecoins such as EEUR and ECHF.

Mentions:#NGM#EEUR

This is my biggest fear about algorithm stablecoins. This is the fourth time in 2022 that USDN has failed to maintain its dollar peg for the fourth time in 2022. I'm better off with stablecoins like EEUR, BUSD, and USDC, which are fully reserved and audited regularly.

Have you looked into or tried staking on Keplr wallet? It's decent APY + other benefits which include eligibility for airdrops. Some good assets to stake there are ATOM, EVMOS, SCRT, JUNO, NGM, EEUR

Staking is always a good incentive to hodl, I’m staking the likes of BRKL, NGM, DAFI, etc. E-money has been making waves lately with its fully-backed sets of European Stablecoins like EEUR, EDKK, ENOK, ESEK & ECHF, so I’m happy to hodl NGM for the long term. I think finance is very important and necessary in gaining massive adoption. Also, e-Money is transparent with its quarterly audits by big 4 E&Y.

This is like a pandemic and it will continue to spread until people realize that algorithmic stablecoins are flawed by design. After UST's crash, I decided never to only hold fully backed stablecoins such as BUSD, USDC, and EEUR. They basically cover my stablecoins needs depending on the exchange.

I also earn 10% APY staking BUSD on Binance, and I'm earning positive interest holding EEUR stablecoin of emoney in my wallet and farming H20/USDC stable pair and H2O/OCEAN for 57.49% and 52.28%, respectively, on the H20 farm.

I think regulation is necessary to adopt stablecoins as legal means of payment massively. I want to see $EEUR and the other fully backed stablecoins become the foundation of crypto payments.

Mentions:#EEUR

We have the same viewpoint. The rate at which Algo stablecoins crash is concerning. And the demand for regulated stablecoins like USDC, USDT, BUSD, EEUR, and more is growing. 

I agree with you wholeheartedly. The fact remains that most algorithmic stablecoin models are currently experimental and eventually fail. Problem is that this isn't a demo and people lose real money in the process. UST failure actually drove me to EEUR initially as I needed a stablecoin in the cosmos ecosystem.

Mentions:#EEUR

>1 to 1 backed stablecoins should be fine This right here!!! Apart from USDC and BUSD, the stablecoin I use the most is EEUR, not for any more reason than the fact that they're backed 100% with fiat deposits and government bonds audited by E&Y on a quarterly basis. Funny enough it was the collapse of UST that led me to discover them. It's currently the only native stablecoin in the cosmos ecosystem now.

I'm holding BTC, ETH, BNB, MATIC, ATOM and some stablecoins USDC, BUSD and EEUR.

I doubt it as well. I think that's why most people don't trust it. The likes of USDC, BUSD, and EEUR have been the only stablecoins I see take audit seriously. Annual basis for USDC, Quarterly for EEUR, and BUSD on monthly basis.

Since you are based in Europe, you can use Simplex for your fiat on-ramp with low fees. EEUR stablecoin is on the platform, and you can purchase with credit & debit cards.

Mentions:#EEUR

I think both ideas are good. ETH is a must-have, and when investing in crypto with that long-term mindset, it's best to go for projects that tackle real issues in the space. I would keep my $2,000 in a stablecoin like USDC or EEUR \[Fully collateralized and interest bearing\] while watching the market for target entries, conducting research, and waiting for FLD to have its TGE.

I'm surprised they didn't capture EEUR which is one of e-Money's stablecoin. EEUR alongside USDC and BUSD are my go to stablecoins because they are fully backed with fiat.

Crypto payment platforms seem to be the latest trend right now. Just like this news, Israel similarly suspends cash transactions in order to encourage digital payment, and ReTok, a real estate tokenization platform is using e-Money’s stablecoin EEUR to distribute rental income to their investors. I believe the party has begun.

Mentions:#EEUR

BUSD, USDC, EEUR, and H2O are my top picks from the list. The primary stablecoins I own on CEX are BUSD and USDC, while EEUR is 100% backed by native fiat money and government bonds stablecoin that I use on Cosmos. H2O is similar to RAI, and I use it to price data at fixed-rate on the OCEAN market.

Taking profits in a stablecoin such as USDC, BUSD and EEUR to reinvest when the market is bearish is actually a great strategy. My choice of stablecoins is based on the underlying assets and these stablecoins are fully backed.

There are other unique stablecoins in the market that aren't pegged to fiat but the truth remains that a stablecoin should be pegged to a fiat to accurately measure it's value. This year alone we witnessed many failed stablecoin experiments. The best stablecoins in the market in my opinion are USDC, BUSD and EEUR which are 100% collateralized in banks savings and government bonds.

NGM has the potential. Too many cases of stablecoins losing their pegs this year but NGM offers five fully backed and audited stablecoins. The EEUR stablecoin is the most popular. I believe with adoption of the stablecoins, NGM will see massive value accrual.

Mentions:#NGM#EEUR

JUNO has got a great use case, how far it will go remains to be see. After UST fiasco, I expected everyone to quit holding algo stablecoins and instead hold fully backed stablecoins like USDC, BUSD and EEUR. I'm only surprised people are still buying those other non-stable stablecoins.

For wider adoption of crypto payments, we need NGM's payment platform which offers instant settlements with lows fees. It also has stablecoins (EEUR, ECHF, ENOK, ESEK and EDKK) which are 100% backed and audited.

Mentions:#NGM#EEUR

Good news for the crypto space. I feel regulatory compliant and fully collateralized stablecoins like USDC and EEUR will benefit the most from this. Both bring very little exposure to volatility.

Mentions:#USDC#EEUR

This is really great. I'm happy that crypto is now at a point of global adoption. Upcoming stablecoins regulations in the UK and USA will further promote the adoption of crypto. Stablecoins will become legal means of exchange. Fully backed and audited stablecoins such as BUSD, USDC and EEUR are well positioned to take over the market

Held WINK for a while but had to let it go since it wasn't performing well. I used the funds to invest in STARL, took profits, and held. I have it sitting in EEUR now \[ a 100% backed stablecoin from the E-money\] and waiting to deploy it during FLD's TGE.

Mentions:#STARL#EEUR

I think these stablecoins crashes will draw more attention to the fact that stablecoins are the backbone of the crypto market and there should be nothing short of transparency in those projects. Also, that's why I go for fully-collateralized stablecoins like USDC & EEUR. The transparency E-money offers with their quarterly audit by E&Y should be the standard and nothing less because of how important stablecoins are.

Mentions:#USDC#EEUR

Although the Terra meltdown has left many people with a sour taste in their mouths, we can still rely on other stablecoins like USDC, BUSD, and EEUR, which are safe and routinely audited by authorities to reduce risk factors. Nothing, in my opinion, will persuade me to choose algo stablecoins once more.

The solution is to stay on fully backed and audited stablecoins like USDC, BUSD and EEUR. They offer better stability, security and are safer compared to algo stablecoins.

USDC, BUSD, EEUR are my choices depending on where I am and what I'm doing. Sad that those that had USDC on evmos via diffusion didn't actually realize they were having the wrapped version of USDC which was madUSDC. Diffusion misrepresented this by labeling it "USDC" without the "mad". So this is something else to consider, that you're not merely holding wrapped assets but the real thing.

Considering we're in a bear market, BTC and ETH are obvious no-brainers. Also, I think everyone likes to operate differently, I like to see my money from time to time as opposed to locking it away. So I have no problems at all chunking up money into protocols I use actively, whether the usage is for crypto or not. For example, I'm involved in ocean protocol for the data science aspect, but the value proposition means I can't not put my money in it, cos frankly I see what is been developed and think it will be massive in the future. I have such other experiences with secret network, argoapp, DfiStarter (this one is largely dependent on the success of DFINITY). If you have the time, explore chains and protocols, but please be careful, there's always one hack or exploit around the corner. But overall, the space is really interesting and educating. It's good to diversify, but if you're not going to be paying attention, you might just lose it all while snoozing. As for stablecoins, apart from USDC and BUSD, the only one I'm comfortable with currently is EEUR, since it's the only native stablecoin on cosmos eco so it comes in really handy, plus I like the mechanism much better as it's the opposite of algo stables. I try hard to stay away from wrapped assets, Nomad hack is fresh on the news now. Overall, you're going to have to spend every single day learning and doing your own research. Once again, if you're not interested in diving in deep, you're better off not putting your money in anything other than BTC and ETH but then where's the fun in that?

I'm always going to be sceptical of USDT especially with stablecoins regulation around the corner. USDC, BUSD and EEUR will always remain favourite stablecoins because they're 100% collateralized unlike USDT.

It's been long coming, mainstream adoption, especially payment options. I think stablecoins will be at the forefront of this, especially the fully collateralized ones like USDC, ENOK, EEUR, EDKK, etc.

Mentions:#USDC#EEUR

Stablecoins is solving the price stability issue and it's best suited for payments. This is why I'm excited about NGM's stablecoins payment platform with EEUR and 4 other stablecoins which are fully collateralized and audited quarterly by Ernst & Young.

Mentions:#NGM#EEUR

Lmao, unfortunately this is mostly true. The remotely most stablecoins I've seen are still e-Money's stablecoins (EEUR, ECHF, ENOK and a few others). By virtue of being fully backed by actual fiat deposits and government bonds. Transparency is there too with quarterly audits too by E&Y so that's also a plus.

Mentions:#EEUR

Judging off current developments and use-case: ATOM DOT ALGO SCRT VRA Considering the ever-growing stablecoin interest I will put NGM among the above. They are the issuers of EEUR, ECHF, ENOK and a few other European currencies.

There’s a stable coin called EEUR and no it’s not pegged to Euro. It’s called that due to collateral being in Euro. If I recall, they put the collateral in banks and bonds and use those profits to give back to EEUR holders which they call “interest bearing stable coin”. I’m definitely forgetting some stuff but you can find more info on their twitter or main site.

Mentions:#EEUR

I'm not surprised because stablecoins are the perfect hedge against crypto volatility. I like to keep BUSD, USDC and EEUR stablecoins depending on the exchange I'm trading on. They are all fully backed and audited stablecoins.

If I have to invest $500, I will only be DCAing on futuristic projects with great potential like $CARD, $BRKL & $NGM. It’s not every day you see a properly audited crypto project completely backed with actual bank deposits and government bonds. The most interesting part is that the new EU regulation of cryptocurrency puts stablecoins such as EEUR, ENOK, ESEK, ECHF, etc at the forefront of massive adoption in Europe.

If I make 50 million dollars in crypto, I want to be sure I have finally passed the poverty threshold and nothing can send me back. I am spending 5% on a project I believe in with a low market cap so I can watch it jump to the moon. 30% in fully collateralized stablecoins to avoid tales by moonlight as UST did. That would automatically leave me with $NGM European stablecoins such as $EEUR and $ESEK. Don’t worry about what I do with the 65%.

Mentions:#NGM#EEUR

Mụ strategy includes kepping a stablecoin bag and DCAing into ETH, BNB, ATOM, NGM, MATIC and some other top crypto projects from time to time. I like to have BUSD, USDC and EEUR stablecoins as they are the top fully backed stablecoins in the market right now.

A stablecoins blog without mentioning BUSD and EEUR, two of the most transparent stablecoins in the market. They are fully backed unlike the Justin's algo USDD stablecoin.

This is a good development. Stablecoins regulation has been knocking since UST crash. I knew it was only a matter of time before it happened. Now we will only have regulatory compliant stablecoins like EEUR which can be redeemed at any time. No more stablecoins depeg.

Mentions:#EEUR

I use EEUR and USDC/BUSD for most of my transfers, except to normies. So many barriers and limits overturned in the process. Tbh crypto has its uses beyond being speculative assets.

Immediately after the UST crisis, we had this coming. It was only a matter of time before the government starts regulating stables and it is not bad because it is the benchmark of the crypto market. Kudos to fully collateralized stablecoins such as e-money European stablecoins ($EEUR, $ESEK, $ENOK, etc). Having a transparent policy maintained by the integrity of E&Y should be the standard for crypto projects now.

Mentions:#EEUR
r/CryptoCurrencySee Comment

This is good news for the space. The ambition is clear, they want to make UK a global hub for crypto-asset technology and this I believe will help with more crypto adoption. Stablecoins like USDC, BUSD, or E-money stablecoins like EEUR, ECHF & more should be in the first row for adoption since they are already regulatory complaints and backed.

r/CryptoCurrencySee Comment

If they're just starting to agree, good for them. Fall in line💪🏽 Europe already testing their piece of the pie with EEUR ECHF ENOK etc with government compliance.

Mentions:#EEUR
r/CryptoMarketsSee Comment

If that bill is passed, EEUR could become the most sought after European stablecoin considering how transparent it is.

Mentions:#EEUR
r/CryptoMarketsSee Comment

Yeah. In times where markets are increasingly volatile and leveraged, I believe users will benefit from stablecoins like USDC, BUSD, and the ones from E-money, EEUR, ECHF & more that are fully fiat-backed and audited stablecoins.

r/CryptoMarketsSee Comment

Exactly. It will be helping millions of users gain easy access to EEUR stablecoin with everyday payment methods. Looking forward to the off-ramp as well.

Mentions:#EEUR
r/CryptoMarketsSee Comment

Being able to purchase EEUR stablecoin from our debit and credit cards is a huge plus. I like what e-Money is doing, it will encourage more people to try crypto.

Mentions:#EEUR
r/CryptoMarketsSee Comment

I'm glad you agree with my choices. I have also been looking for where to stake my EEUR stablecoin although the team recently partnered with iBRING Finance, a staking platform to enable the staking alongside NGM which is the staking token of the project. Is Spool limited to some stablecoins or any stablecoin can be staked there?

Mentions:#EEUR#NGM
r/CryptoMarketsSee Comment

It's really funny how people only want to ape when it's green. I've been accumulating in small amounts ETH ATOM SCRT NGM which I already hodl. Will add new tokens in another crash. For now looking forward to converting some profits to EEUR 😋

r/CryptoMarketsSee Comment

Brave stopped me from getting rewards without explanation and I can't even appeal, that's it, banned for life on this device :( Anyway some other projects being used in the real world: all the oracles (link dia band), payment tokens (likes of litecoin, stablecoins like USDT, EEUR), data economy (ocean, used by vw, bmw, mercedes), storage (arweave, filecoin).

Mentions:#USDT#EEUR
r/CryptoCurrencySee Comment

This is the adoption we are craving for although I would prefer to receive my salary in a stablecoin like USDC, BUSD or EEUR which are 100% collateralized. Then I can decide which crypto to invest it in afterwards.

r/CryptoCurrencySee Comment

This is good for the space. most likely, we will also see more stablecoin adoption for the likes of BUSD, EEUR, and USDC as a preferred payment option for businesses.

r/CryptoCurrencySee Comment

I wouldn't be surprised not after what happened to UST. The best stablecoins anyone should have are USDC, BUSD and EEUR. These are fully backed stablecoins unlike USDT which is not.

r/CryptoCurrencySee Comment

Stablecoins are becoming the next big trend especial EUR and GBP backed stablecoins. EEUR remains the top Euro based stablecoins to beat in my opinion. Fully backed, audited quarterly and it's interesting bearing too. It's good to finally have more stablecoins in other currencies than USD.

Mentions:#EEUR
r/CryptoCurrencySee Comment

USDC is one of the fully backed stablecoins alongside BUSD and EEUR. I have confidence in 3 of them especially EEUR which posts quarterly audit report by Ernst & Young.

r/CryptoMarketsSee Comment

Yes, there’s massive potential with EEUR, it’s already listed on Osmosis and Sifchain. E-money’s software is based Cosmos SDK and Tendermint based, which means proof-of-stake and instant finality. The fees are also the cheapest you’ll find around.

Mentions:#EEUR
r/CryptoMarketsSee Comment

No way any coin is immune to the bear aside stablecoins like USDC & EEUR and that's because they're collateralized & backed by assets. For example, EEUR is 100% backed by government bonds and pegged 1:1 to the EUR. It's also quarterly audited by Ernst & Young.

Mentions:#USDC#EEUR
r/CryptoMarketsSee Comment

I feel EEUR has a future and it's currently the only native IBC stablecoin on Cosmos. And with the integration to Simplex, it will be easier to buy.

Mentions:#EEUR
r/CryptoMarketsSee Comment

So what do you think of their suite of stablecoins? Considering the advantages collateralized stablecoins have over algorithmic ones. EEUR is already listed on Osmosis and is poised to be at the forefront of mainstream adoption given that it’s pegged to the Euro.

Mentions:#EEUR
r/CryptoMarketsSee Comment

I'll sure do. Already heavily invested in e-Money; a project built using Cosmos SDK, allowing it to easily integrate with all blockchains including Polkadot, Avalanche and Ethereum. e-Money also acts as a validator on the Cosmos network. Being built on Cosmos SDK and Tendermint also means proof-of-stake and instant finality. E-Money has already issued a suite of collateralized stablecoins in $EEUR, $ENOK, $EDKK, $ECHF and $ESEK. All these stablecoins are 100% backed by government bonds and fiat currencies.

Mentions:#EEUR
r/CryptoMarketsSee Comment

Looks like we’ve got a lot in common here bar ATOM. NGM has been garnering a lot of attention since the UST crash, stressing the advantages that collateralized stablecoins have over collateralized ones. EEUR has seen a surge in daily trading volume ever since. Ocean protocol is probably one of the most undervalued altcoins out there, given how much much of embracement it’s gotten from the big data-driven firms. The OCEAN ONDA v4 upgrade has also come with new introductions like Data NFTs, Data Farming, etc. ETH and MATIC are already widely accepted, and it can only get better from here. Maybe it’s high time I gave ATOM more attention. 🤔

r/CryptoCurrencySee Comment

With the LUNA-UST crash, rug pulls, liquidation of major exchanges, and continued attempts to regulate crypto ecosystems globally, this might be time for accountability, and the top gainers could be transparent and compliant projects. This explains why I can stop DCAing on $NGM because the project has been fully compliant with EU regulations even before they were enacted. There could be a massive market for the e-money suite stablecoins like EEUR, ECHF, EDKK, ENOK, and ESEK.

r/CryptoCurrencySee Comment

Ok man, you can keep your money in whatever you want, I just wanted to point out that at this moment only EEUR is really backed, and all the other coins are claiming to be backed by real money like USDT, or are backed by some algorithm. I prefer to trust the real money for now. :D

Mentions:#EEUR#USDT
r/CryptoCurrencySee Comment

Yea, it maybe is 300% backed at this moment, which doesn't mean in a half of an hour that 300% won't be worth 30% or less. That's the problem of algo-backed coins, they are backed with a very volatile asset. EEUR can't lose the cover, unless the EUR crush, which means the world financial sector falls completely. I just can't believe you can compare those two diametrically different coins...

Mentions:#EEUR
r/CryptoMarketsSee Comment

No one likes high gas fees. This is a reason why I think Layer 2 projects like MATIC, CTSI, METIS, OP, and ARBI will do well eventually. Could be the next trend, who knows, and then we have DEXs like Osmosis on Cosmos ecosystem that requires 0 gas fees to trade. I heard e-Money's EEUR is the only native IBC stablecoin on #Cosmos and it's now listed on Osmosis

r/CryptoCurrencySee Comment

No it doesn't. You can't compare USDD's backing in volatile assets to the like of USDC, BUSD and EEUR's stable assets backing. I prefer to have a stablecoin backed by a stable real asset.

r/CryptoCurrencySee Comment

I won't even advise anyone to go for it. It's backed by people who want 60% APY. USDD works the same way UST worked, but with TRX. It's safer to hold BUSD, USDC, and EEUR stablecoins that are fully backed.

r/CryptoMarketsSee Comment

Mainstream adoption is inevitable and it will be driven by low and instant crypto payments. Tron and e-Money are top projects and I like e-Money's EEUR stablecoin. I will instantly get their crypto card if it becomes available.

Mentions:#EEUR