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⇘ Binance Suspends and Compensates Following AEUR's Remarkable Volatility

Binance Suspends and Compensates Following AEUR's Remarkable Volatility

Binance, a leading crypto exchange, released Anchored Coins EUR (AEUR) and even commemorated the listing with a promotion. However, following a staggering 200% price surge, the euro stablecoin's trading was suspended due to 'abnormal volatility.' Subsequently, Binance announced plans to remunerate users who bought AEUR at inflated prices during the resulting rally. AEUR, a stablecoin pegged to the euro, experienced significant growth upon its initial release. The stablecoin project was backed by Singaporean resources and launched other stablecoins pegged to the euro and Swiss franc. Despite a brief period of delisting, the AEUR was relaunched on the exchange. As part of the crypto bull run, currency tokens such as Solana (SOL), Pullix (PLX), and Bitcoin (BTC) have been leading. It's worth noting that a former Singapore Parliamentarian has also launched stablecoins in Switzerland.

Anchored Coins AEUR News Analytics from Mon, 05 Sep 2016 07:00:00 GMT to Mon, 10 Jun 2024 07:00:00 GMT - Rating -5 - Innovation 2 - Information 7 - Rumor -3

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Anchored Coins AEUR - News Analyzed: 51