EURS Now Supported On The Crypterium Wallet

May 29, 2020
07:05
2 min reading

Choise.com team

The U.S. dollar is a pretty solid choice for protecting your savings. And having digital versions of the dollar like the USDT, USDC or DAI, is really convenient. But let’s face it: the greenback isn’t the only solid fiat currency out there. The euro is also a good choice when it comes to safeguarding your hard-earned cash. And that’s why we’ve decided to add support for EURS — the world’s first euro-pegged cryptocurrency.

EURS is a stablecoin that mirrors the value of the euro on the blockchain. Each token is backed by real euros held in segregated accounts. Needless to say, those accounts are subjected to monthly and yearly audits. And you can also see a daily account balance here. STASIS is the company behind EURS, which is established in Malta, and fully compliant with EU regulations.

On a technical note, EURS is an ERC-20 token. That means you can effortlessly send and receive EURS to Ethereum addresses that support it. This stablecoin merges the stability of the euro, with the transparency, immutability, and efficiency of blockchain technology.

Getting Started With EURS On Crypterium

You can send, receive, and exchange EURS in just a few taps using the Crypterium Wallet. Initially, we’ll connect the following exchange options:

EURS/BCH
EURS/BTC
EURS/ETH
EURS/LTC
EURS/REP

Looking for more? Our team is already working on adding EURS to other features. In the meantime, here is what you can do with EURS…

Send money internationally

Tired of paying high fees for your money transfers? Sending money in EURS guarantees lower transaction costs and instant delivery.

Hedge against volatility

Whenever the day comes, you can quickly lock in profits with EURS. Move in and out of EURS at best rates straight from your favourite wallet.

Protect your savings

Is your local currency affected by high inflation? Keeping your savings in EURS ensures your money remains protected by the stability of the euro.