Frequently Asked Questions
What makes EURR a standout stablecoin?+
EURR is a euro-backed stablecoin that provides global accessibility through the Ethereum network. It is 100% backed by cash and cash equivalents, ensuring stability and reliability. This backing makes EURR an ideal choice for transactions and financial operations worldwide, offering a stable, secure, and efficient digital currency.
How does StablR Euro ensure transaction security and transparency?+
StablR Euro (EURR) leverages blockchain technology to provide a secure and transparent infrastructure for all transactions. Blockchain ensures that every transaction is immutable, permanently recorded, and traceable. This technology enhances trust and accountability by making all transactions easily verifiable and tamper-proof.
Is the StablR Euro EURR a currency or a legal tender?+
The StablR Euro (EURR) is an electronic money token, a type of crypto-asset which can be redeemed for Euros at any time and at par value, maintaining a stable value by referencing the value of the Euro. In other words it is a fully regulated stablecoin.
How are StablR Euro EURR tokens minted?
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The StablR minting process is utilizing institutional-grade infrastructure, and provides the highest level of security and governance by using (decentralized) Multi-Party Computation technology. All StablR Euro EURR tokens are entitled to the equal proportion of collateral used in fiat assets to buy these tokens.