Insight into the Stablecoin EURS

As has been known for some time, Stablecoins are becoming increasingly popular in the blockchain sector because, unlike normal cryptocurrencies, their value is pegged 1:1 to that of a given fiat currency.

This feature makes them stable and therefore a viable alternative as a means of payment. It is no coincidence that central banks are also studying the stablecoin phenomenon and expect to increasingly promote their use.

Specifically, today we will compare two major stablecoins, EURS and USDC, and try to understand their main characteristics, their main strengths and their limitations, if any.

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