Market Cap:
$1 613 224 898 870
(▼2.68%)
- Volume 24h: $102 671 773 465 (6.36%)
- Market Cap Change 24h: ▼2.68%
- BTC dominance: 44.71%
e-Money
NGM
CMC Rank: 660
- USD: $0.97
1h: ▼0.17% 24h: ▼1.16% 7d: ▲38.75%
- BTC: 0.000025 BTC
All Time High: $2.76 3 years ago
Current price is -65 % from ATH
Current price is -65 % from ATH
- Cap: $22 228 583
- Vol 24h: $221 202 (1.00 %)
- Circulating: 22 929 290 NGM (22.3 %)
- Total: 102 993 397 NGM
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About e-Money
e-Money stablecoins are a further stage in the development of collateralized stablecoins, but with some great advantages of their own which truly set them apart.
Firstly, e-Money stablecoins are not prone to the many drawbacks and inherent instability of algorithmic stablecoins. e-Money stablecoins are collateralized in the same currency as which they are issued so the eEUR stablecoin is collateralized in Euros and the eUSD stablecoin is collateralized by US dollars. The simplicity of this system also means that currency-backed stablecoins are highly efficient and liquid.
Firstly, e-Money stablecoins are not prone to the many drawbacks and inherent instability of algorithmic stablecoins. e-Money stablecoins are collateralized in the same currency as which they are issued so the eEUR stablecoin is collateralized in Euros and the eUSD stablecoin is collateralized by US dollars. The simplicity of this system also means that currency-backed stablecoins are highly efficient and liquid.
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