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One of the world’s largest exchanges, Binance, announced that it will list a new stablecoin.
In an announcement on its official website on December 4th, Binance said the new stablecoin, Anchored Coins EUR (AEUR), will be listed at 13:00 on December 4th (local time).
Binance stated that AEUR deposit transactions have begun and withdrawal transactions will start a full day after the listing time. Along with this listing, It will offer investors the opportunity of trading with four different pairs; AEUR/USDT, BTC/AEUR, ETH/AEUR, and EUR/AEUR.
Binance also announced that until the next announcement, zero-maker-fee campaign will continue in all AEUR spot trading pairs
AEUR, represents a significant step in the realm of stablecoins and payment tokens within the European landscape. Functioning on both the Ethereum network and Binance Smart Chain (BSC), AEUR distinguishes itself by its steadfast backing—a 1:1 peg to the Euro currency. This unique feature not only ensures stability but also instills confidence among users.
By integrating AEUR into their platform, Binance aims to diversify and enhance the cryptocurrency trading experience for its users. The inclusion of AEUR provides an additional layer of choice and flexibility within the volatile crypto market. As a Europe-based stablecoin, AEUR presents a promising opportunity for users seeking stability and versatility in their crypto transactions.