Binance Announces Eurite (EURI) Listing on 28th August

IconCryptoNewsTerminal Staff26 Aug, 2024

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Binance Announces Eurite (EURI) Listing on 28th August

Binance, the world's leading cryptocurrency exchange, has announced the listing of Eurite (EURI) on its platform. The listing will take place on August 28, 2023, at 7 PM Korean Standard Time (KST). Eurite is a decentralized stablecoin pegged to the euro. It is backed by a basket of fiat currencies and digital assets, making it a stable and reliable option for those looking to trade or hold a euro-pegged asset. The listing of EURI on Binance is a significant step for the project, as it will increase its exposure to a wider audience. It will also allow Binance users to trade EURI against a variety of other cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). The addition of EURI to Binance's platform is a testament to the growing popularity of stablecoins. As the cryptocurrency market matures, stablecoins are becoming increasingly important as a way to store and transfer value.