Binance to list euro-pegged stablecoin Anchored Coins

In honor of the launch, the exchange disabled fees for trading the asset

04.12.2023 - 11:10

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What’s new? On December 4, a new euro-pegged stablecoin, Anchored Coins EUR (AEUR), became available on the Binance crypto exchange. The platform also opened trading of the asset in pairs with euro, bitcoin, ETH, and USDT stablecoin. Withdrawals will become available on December 5, at 10:00 UTC. In honor of the launch, Binance will temporarily disable fees for spot AEUR trading pairs.

Information on the Binance website

What else is known? As part of one of the promotions, makers will have zero fees on all spot AEUR pairs. Separately, zero fees are introduced for both makers and takers in AEUR/USDT, BTC/AEUR, and EUR/AEUR pairs. The end dates for both promotions were not specified.

AEUR is a euro-backed stablecoin from Anchored Coins AG. The asset is issued on Ethereum and BNB Chain blockchains, with other networks to be added later. The AEUR Reserve Account is audited by independent auditors such as Prescient Assurance, and reports will be periodically posted to the public.

In February, the Finnish fintech company Membrane Finance launched the EUROe stablecoin based on the Ethereum blockchain. In August, it became available on the Solana network.

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