FMFW.io has listed audited asset-based stablecoins
Press release. EURST will be fmfw.io From November 17th.
Introduction to EURST
Due to the development of the digital world, stablecoins are backed by assets, thereby minimizing price fluctuations. Simone Mazzuca took another move, creating EURST, a currency that meets European needs.
EURST is a digital currency based on U.S. dollar assets, representing 1 Euro in U.S. dollars. Its advantage lies in meeting the applicable requirements of the government’s legal framework, supporting tokens by using third-party reputable custodians, and implementing an industry-leading on-site authentication system.
Running on the Ethereum blockchain (ERC20) enables fast and secure transactions. The smart contract is responsible for digitizing the deposited funds held by the holder in the account, allowing transactions to be carried out without high costs and long waits.
EURST allows you to obtain funds without losing the value of euros, deposit funds on cryptocurrency exchanges, and make international transfers without high fees.
What are the pillars of EURST?
The EURST team pointed out the core content they followed when developing the token:
- Value-“Transparency and quality mark the proper basis for new payment habits.”
- Goal-to improve communication with the community.
- Mission-to spread awareness of the use of blockchain and make its benefits more usable.
- Sustainability-bridging the gap between digital currency and fiat currency, focusing on interoperability and improving the scalability, speed, and transaction security of the blockchain.
Statement from FMFW.io
“The goal of FMFW.io is not only to achieve the purchase of digital currencies, but also to increase awareness and the possibility of operations between currencies. Our high appreciation for the EURST team prompted us to risk listing tokens on our exchange. We believe that we are all It can improve the accessibility of this digital world,” said Danish Chowdhury, CEO of FMFW.io.
Statement from EURST
Simone Mazzuca, Director of Wallex Trust, said: “As one of the fastest-growing exchanges, we believe that listing on FMFW.io will lead EURST into the global crypto field. With the ease of use of cryptocurrencies and the stability of fiat currencies, EURST We are bridging the gap between legal currency and the world of cryptocurrency, and provide users with reliable currency that can be easily traded anytime, anywhere.”
EURstablecoin is a stablecoin created by Wallex Trust, based on the ERC20 token standard of the Ethereum network.
Token issuance/redemption transactions are recorded on the chain, and off-chain transactions and reserve balances will be regularly disclosed to the public and additionally audited by a third party.
The existence of physical objects, real-time control and convertible dollar reserves determines the market value of EURST, and the real-time dollar value is 1 Euro.For more information, please visit website here.
duty of FMFW.io Designed to allow people from all over the world to trade cryptocurrencies easily and confidently, from novice traders to advanced trading experts. With high liquidity, 24/7 multi-language support, dozens of trading pairs and high security, we provide an attractive platform for trading any cryptocurrency. In the year since its launch, more than 500,000 active traders have visited our exchange every month on average, and this number continues to grow.
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