Support for EURS is growing.
Recently, an institutional investor bought a $10 million stake in the EURS stablecoin, just days after the coin was launched in Malta.
Now, another milestone has been achieved: the crypto-EUR-to-crypto-USD pair was trading live on the crypto exchange HitBtc.
This is a big achievement for the stablecoin, launched just days ago, said CCN Stasis CEO Gregory Klumov. He added, “We sold $2 million worth of EURS today and this HitBtc development continues to check further boxes in our attempt to become the stablecoin for investors and money market operators.”
HitBtc claims to be one of the most advanced global crypto exchanges, although is not immune to criticism including a scathing tweet by John McCaffee: “The crypto exchanges have become the thing that we have originally fought against. Their power is immense. Hitbtc, for example, has increased suffering for millions of poor people who cannot afford the minimum buy-in since it is greater than their monthly income.”
That tweet had created a rift between the exchange and McCafee, even though there were rumours that this tweet was a publicity stunt for McCaffee’s ICO promotions, which were recently targets of investigations by regulators in the US.