EURA
EURA
$1.18
Current Price
+0.04%
24h Change
Info
EURA
Symbol
$7.90M
Fully Diluted Valuation
$23.86M
Market Cap
796
Market Rank
6.69M
Total Supply
$24.91K
Total Volume
$1.19
24h High
$1.17
24h Low
About EURA
EURA, also known as agEUR, is a stablecoin designed by the Angle Protocol with the primary mission of providing a Euro-pegged digital currency. This stablecoin addresses the need for a reliable Euro-denominated asset in the cryptocurrency space, offering stability and reduced volatility compared to other digital assets. By being fully convertible against collateral within the protocol, EURA ensures transparency and trust, backed by derivatives and an insurance fund. The protocol employs oracle feeds from Uniswap V3 and Chainlink to maintain its peg to the Euro, ensuring accurate valuation and robust stability. The technological infrastructure of EURA revolves around the Angle Protocol, which leverages decentralized finance (DeFi) innovations to facilitate seamless integration into various ecosystems. This allows EURA to be utilized in a wide range of real-world applications, including DeFi platforms and other blockchain-based financial services. The project's commitment to fostering a strong developer ecosystem is evident through its partnerships and adoption metrics, positioning EURA as a significant player in the stablecoin market. Its strategic focus on maintaining a reliable Euro peg and facilitating broad adoption underscores its role in expanding the utility of stablecoins within the global digital economy.
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FAQ
Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.
Certain content is sourced from third parties not affiliated with Backpack. Backpack is not responsible for such content, nor is it liable for any errors, delays, or actions taken in reliance on it. Prices and data are for illustrative purposes only and may differ from actual market values. Digital assets involve significant risk and can fluctuate substantially. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, and consult your own professional advisors for legal, tax, or investment guidance.
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