2min chapter

Blockchain Insider Podcast by 11:FS cover image

180. News: Bitzlato fiasco, NAB Stablecoin, and Genesis bites the dust

Blockchain Insider Podcast by 11:FS

CHAPTER

Cryptocurrency News - Euro Stablecoin EURR Seizes Issuance

Euro stablecoin EURR had its issuance seized by the protocol E-Money. Users with large amounts of EURR can redeem their coins directly for euros with E- money. Those with smaller amounts can swap their EURR to other cryptos on the Cosmos bait exchange of Moses. So this is kind of a lesson in risk management, as we were discussing, right? They saw a risk, they feel that they cannot maintain the peg of the EURR stable coin so they're winding down the operation.

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