What is EURK and what does it solve?
EURK is a Euro stablecoin that is pegged 1:1 to the Euro. It represents a new breed of digital currency that combines the flexibility and efficiency of cryptocurrency with the stability of traditional fiat currency.
Unlike typical cryptocurrencies, which can experience significant price fluctuations, EURK maintains a consistent value aligned with the Euro, making it an attractive option for users seeking stability and trust in the crypto market.
Token Overview
- Token name: EURK
- Token symbol: $EURK
- Total supply: 1,000,000
- Total circulation supply: 1,000,000
Coinstore Listing
- Trading pair: EURK / USDT
- Trade time: 2023/12/12 18:00（UTC+8）
- Withdrawal time: 2023/12/12 22:00（UTC+8)
What are the key features of EURK?
EURK, a Euro-backed stablecoin, offers a stable and transparent digital currency solution, fully backed by Euro reserves held in reputable Swiss banks, ensuring its value remains consistently equivalent to the Euro. It undergoes regular audits by third-party organizations, fostering trust among users. The security of EURK is further enhanced by its global bank reserves and strategic partnerships with crypto-friendly B2B banking institutions like Bank of Central and Speedy, facilitating an expanded network for efficient cross-border payments.
EURK operates on a simple yet effective principle. It is created (or minted) when an equivalent amount of Euro is deposited into the reserve. Conversely, when EURK is redeemed or exchanged, the corresponding Euros are returned to the user, and the equivalent EURK is removed from circulation.This process ensures that the total number of EURK in circulation is always backed by an equal amount of Euros, maintaining its stable value. According to CoinGecko current supply of EURK is 1,000,000 and the team is ready to increase upon the demand of EURK.
EURK stands out in the volatile crypto market by offering a stable store of value, pegged directly to the Euro, enhancing financial stability for its users. Its commitment to regular audits and transparent operations, all of which are detailed on the EURK website, bolsters user confidence and trust in the platform. As a digital currency, EURK further provides the convenience of online transactions and widespread global accessibility, making it a versatile and reliable financial tool for a broad range of applications.
EURK’s Future in the Crypto Market
EURK is gaining volume in the crypto market after its initial listing on Coinstore. Listing on various platforms and partnerships with trustable banking platforms makes the EURK the main EUR stablecoin for both individuals and institutions.
Furthermore, EURK offers stability and security making it a preferred choice for users who want to avoid the risks associated with the volatility of traditional cryptocurrencies.
EURK Official Media
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