An overview of the supply and demand characteristics of EURC.
EURC is a native cryptographic, secure and transferable representation of attributed utility and governance that functions as specified in this document.
The supply of EURC will be reviewed every quarter. This review will be conducted with the community.
The use of liquidity pools create the market dynamics to support the supply and demand of EURC. More information on the EURC liquidity pools can be found by clicking below.
EURC will be available to trade across any Stellar based wallet.
EURC has been launched at the end of Q2 2022. Liquidity providers will have the opportunity to buy EURC and begin market making on the Stellar DEX, via StellarX and via the AMM Liquidity Pools.
EURC is issued when a user has deposited Euro fiat currency.
When a user initiates a withdrawal request, EURC is withdrawn and Euro fiat currency is deposited in the user's bank account.