EUROCoin (EUROC)
The EurocoinPay stablecoin
EUROCoin is a stablecoin based on the Ethereum network (ERC-20) that maintains a 1:1 parity with the Euro, meaning that each EUROCoin will always have the same value as 1 Euro. This feature gives you peace of mind that your digital assets will maintain their value, without the volatility that characterises other cryptocurrencies.
What's EUROCoin (EUROC)?
At EurocoinPay, we are committed to providing innovative financial solutions that make your daily life easier. With EUROCoin, you can send and receive payments instantly, make purchases at merchants that accept cryptocurrencies and manage your finances more efficiently, always guaranteed by its parity with the Euro.
Advantages of EUROCoin (EUROC)
1
Stability of Value
- Fiat Currency Parity: EUROCoin is pegged to the Euro, allowing it to maintain a stable value and minimise the technical volatility of other cryptocurrencies.
- Financial Stability: This stability facilitates financial planning and budget management for both individuals and companies.
2
Safety
- Ethereum Blockchain: EUROCoin benefits from the robustness and security of the Ethereum Blockchain, one of the most trusted and widely used in the cryptocurrency world.
- Transparency: All transactions are recorded on the Blockchain, offering a high degree of transparency and traceability.
3
Efficiency
- Low fees: Transactions on the Ethereum network are generally cheaper compared to traditional financial systems.
- Speed: Transactions are completed in a few minutes, eliminating the long, time-consuming waits for bank transfers.
4
Interoperability
- Compatibility: As EUROCoin is an ERC-20 token, this stablecoin can interact with a wide range of decentralised applications (dApps) and services within the Ethereum ecosystem.
- Wide Adoption: Many wallets, exchanges and DeFi platforms support ERC-20 tokens, making them easy to use and adopt.
5
Accessibility
- Globalisation: EUROCoin, being a stablecoin, makes international transactions simple and accessible, without the restrictions and costs associated with traditional banking systems.
- Financial Inclusion: People in regions with limited banking systems can access financial services using EUROCoin and the Ethereum network..
6
Innovation and Flexibility
- Smart Contracts: The ability to execute smart contracts on the Ethereum network enables the automation and customisation of transactions, scheduled payments, and other advanced financial services.
- DeFi ecosystem: ERC-20 stablecoins, such as EUROCoin, are a key component in the decentralised finance ecosystem (DeFi), facilitating loans, savings, and other innovative financial products.
EUROCoin Support and Security (EUROC)
For EUROCoin, as a EurocoinPay stablecoin, it is crucial that there is a 1:1 parity with the Euro. This means that for every EUROCoin issued, there must be one Euro in a reserve that can be audited to guarantee its existence and availability. This support provided by Eurocoin Broker S.A. strengthens the confidence and stability necessary for users to trust in their daily use and important transactions.
Stability of Value
Eurocoin Broker S.A. guarantees a solid backing so that the value of EUROCoin remains constant against the Euro.
User Trust
Users will have more confidence in EUROCoin if they know that it is backed by a company like Eurocoin Broker S.A. that provides real, audited assets to the token, which reduces the risk of devaluation or collapse.
Compliance
Eurocoin Broker S.A. undertakes to report on and audit the reserves backing the EUROCoin to comply with financial regulations and obtain regulatory approval, facilitating their mass adoption.
Liquidity
Support from Eurocoin Broker S.A. ensures that users can easily convert their stablecoins into fiat currency or other assets, while maintaining market liquidity.
Project in progress since 2017.
EUROCoin (EUROC) es una marca registrada en la EUIPO.
Conoce al equipo de desarrollo