Last Updated on December 4, 2023 by COINBUZZFEED
Binance, the world’s leading cryptocurrency exchange, has announced the listing of the new stablecoin Anchored Coins EUR (AEUR). This eagerly anticipated listing is scheduled to go live on December 4th, 2023, at 10:00 (UTC). The platform will also introduce new spot trading pairs, opening up exciting opportunities for crypto enthusiasts.
AEUR, the stablecoin in focus, is a Euro-backed digital asset and payment token issued by Anchored Coins AG. This strategic partnership ensures the stability and reliability of AEUR, backed by the financial strength and regulatory compliance of FlowBank. As a licensed Swiss bank regulated by the Swiss Financial Market Authority (FINMA), FlowBank brings a robust framework to the stablecoin, positioning it as a potential game-changer in the crypto market.
As the crypto market continues to evolve, stablecoins have gained prominence for their ability to provide stability in an otherwise volatile environment. AEUR, with its backing by a reputable Swiss bank, is poised to emerge as a potential stablecoin that investors and traders can rely on. The Euro peg adds an extra layer of security, making AEUR an attractive option for those seeking stability in their crypto portfolios.
