- #2166
eUSD EUSD
EUSD Price
Market Cap
$5.75 MRank #2166FDV
$5.75 MRank #2243Investors
X Followers
Detailed Performance
EUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
EUSD to USD Converter
Price History
- All-Time High
- $1.891.98x to ATH
- All-Time Low
- $0.67491.41x to ATL
- Trade Launch Date
- 7 Sep, 2023
471 days ago
About EUSD
eUSD refers to a digital asset called "elastic USD." It is a stablecoin that is designed to maintain a 1:1 peg with the US dollar. Holders of eUSD can earn an approximate 8% base annual percentage yield (APY) on their holdings. It is also possible to convert eUSD into peUSD, which allows borrowers to accumulate interest on their deposited collateral.
What makes eUSD unique?
eUSD is unique compared to other cryptocurrencies due to its stability and interest-bearing nature. It is designed to maintain a peg of 1 USD through mechanisms such as overcollateralization, liquidation mechanisms, arbitrage opportunities, and a premium suppression mechanism. This stability makes it a reliable store of value and medium of exchange. Additionally, eUSD generates yields for holders, with an approximate annual percentage yield (APY) of 8%. This interest-bearing feature sets it apart from many other cryptocurrencies that do not offer such earning potential.
Live eUSD Price Data
The current price of eUSD (EUSD) is approximately $0.9526, reflecting a decrease of -3.63% in the last 24 hours. The EUSD trading volume in the last 24 hours stands at $106,420.00. eUSD's market cap is currently $5.75 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of EUSD is 6.03 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand eUSD's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on EUSD, check out our crypto insights page.
Official Links
EUSD to USD Converter
Price History
- All-Time High
- $1.891.98x to ATH
- All-Time Low
- $0.67491.41x to ATL
- Trade Launch Date
- 7 Sep, 2023
471 days ago