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2023-06-08 04:40:49
What is EURT coin and how many coins will be issued?
EURT coin is a cryptocurrency issued by the STASIS cryptocurrency platform. It's a stablecoin built on the Ethereum blockchain, which means each EURT coin is backed by one Euro. This feature makes it a reliable and stable option for those who want to avoid the volatility of other cryptocurrencies.
So, how many coins will be issued? The answer is simple: the EURT coin supply matches the amount of euros held in reserve to support it, meaning one EURT coin equals one Euro. Therefore, the total number of coins circulating will depend on how many people want to convert their euros into EURT coins and use them for transactions or investments.
It's important to highlight that the STASIS platform has implemented strict regulatory compliance procedures and auditing processes to ensure the security and transparency of their operations. This measure guarantees that the amount of euros in reserve always corresponds to the number of EURT coins issued.
As the demand for stablecoins increases in the cryptocurrency market, the STASIS team continuously monitors the market trends and adjusts the EURT coin supply accordingly. This way, they ensure that the EURT coin remains a stable and reliable option for its users.
In conclusion, while there is no fixed total number of EURT coins issued, one can assume that the number will rise or fall based on the amount of euros held in reserve to support it. The main priority for STASIS is to keep a stable and secure ERC-20 token that can benefit users who are looking for a reliable way to store their money, make transactions, and invest in crypto assets without worrying about the wild fluctuations of the cryptocurrency market.
If you want to keep tabs on EURT coin or other cryptocurrencies, make sure to download the CoinJiex App. With their easy-to-navigate platform, you can stay up-to-date with real-time quotes, news, and analysis of your desired coins. Don't miss out on the chance to be an informed cryptocurrency investor by downloading CoinJiex today!