← Angle Protocol
EURA EURA deprecated Crypto Backed
Issued by Angle Protocol · Launched 2021
Market Cap $3M

EURA is a euro-pegged stablecoin by Angle Protocol, set to be phased out by March 2027.

Key Data

BackingOver-collateralized, backed by a diversified basket of assets.
RedemptionUsers can redeem EURA at a 1:1 ratio for EURC on Ethereum until March 1, 2027.
Peg CurrencyEUR
Launched2021

Supported Networks

EthereumPolygon

Overview

EURA, formerly known as agEUR, is a euro-pegged stablecoin issued by Angle Protocol. It was launched on October 23, 2021, and is currently in the process of being phased out.

How It Works

EURA is over-collateralized and backed by a diversified basket of assets managed through the Transmuter module, which autonomously adjusts collateral exposures to maintain stability.

Reserve Backing

The stablecoin is backed by a diversified basket of assets, ensuring the euro peg through the Transmuter module.

Supported Networks

EURA is available on multiple chains, including Ethereum and Polygon, with users advised to bridge back to Ethereum for redemption.

Market data via CoinGecko