EUR CoinVertible (EURCV)
Rank #224
Market snapshot
- Price
- $1.17
- Market cap
- $169.3M
- 24h volume
- $21.6M
- Circulating supply
- 144,970,985.84
- Total supply
- 144,970,985.84
- Max supply
- N/A
What is EUR CoinVertible?
EUR CoinVertible (EURCV) serves as a stablecoin pegged to the Euro, allowing users to transact with a digital version of the currency. It operates across multiple blockchain platforms, providing a bridge between traditional fiat currency and blockchain technology.
How EUR CoinVertible works
EUR CoinVertible functions by utilizing smart contracts on various blockchain networks, including Ethereum, Solana, XRP Ledger, and Stellar. The tokens are pegged to the Euro on a 1:1 basis, ensuring that each EUR CoinVertible token corresponds to one Euro. The smart contracts for EUR CoinVertible have undergone audits by HACKEN, ensuring their integrity and security. This stablecoin allows for rapid electronic money transfers at blockchain speed, facilitating seamless transactions for users and institutions alike.
Key information
- Symbol
- EURCV
- CMC rank
- #224
- Network / platforms
Ethereum, Solana, Stellar, XRP Ledger
- Categories
- N/A
- Date added
- Sep 2, 2024
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Ethereum
0x5F7827FDeb7c20b443265Fc2F40845B715385Ff2Solana
DghpMkatCiUsofbTmid3M3kAbDTPqDwKiYHnudXeGG52Stellar
CANKBYNNAYKEZXLB655F2UPNTAZFK5HILZUXL7ZTFR3NF6LKDSVY7KFH
Key characteristics
EUR CoinVertible is categorized as an asset-backed stablecoin and operates within the Stellar ecosystem. It is designed for institutional investors and individuals, providing a regulated means of using electronic money on the blockchain. The smart contracts are audited to enhance security and reliability.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is EUR CoinVertible?
- EUR CoinVertible (EURCV) is a stablecoin that is pegged to the Euro and operates within the Stellar ecosystem.
- How does EUR CoinVertible work?
- EUR CoinVertible operates using smart contracts on various blockchain platforms, ensuring that each token is backed by one Euro.
- What are the technical characteristics of EUR CoinVertible?
- EUR CoinVertible is categorized as an asset-backed stablecoin and has undergone audits for its smart contracts to ensure security.
- What are the risks associated with transferring EUR CoinVertible?
- Users should verify contract addresses and networks before transferring assets, as digital asset prices can be volatile.
- How can I acquire EUR CoinVertible?
- Verify the asset name and network before transferring, and review the custody method for secure handling.
- Where can I find official resources for EUR CoinVertible?
- Official resources for EUR CoinVertible can be found on the Societe Generale-Forge website and blockchain explorers.
