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Gate.io Will List Euro Tether (EURT)
Gate.io is going to commence Euro Tether (EURT) trading on Dec 21st 9:00am,2021 UTC.
About EURT:
A digital token backed by fiat currency provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit. The innovation of blockchains is an auditable and cryptographically secured global ledger. Asset backed token issuers and other market participants can take advantage of blockchain technology, along with embedded consensus s, to transact in familiar, less volatile currencies and assets. In order to maintain accountability and to ensure stability in exchange price, we propose a method to maintain a one to one reserve ratio between a cryptocurrency token, called tethers, and its associated real world asset, fiat currency. This method uses the Bitcoin blockchain, Proof of Reserves, and other audit methods to prove that issued tokens are fully backed and reserved at all times.
Token symbol：EURT
Website：https://tether.to/
EURT/USDT Trading starts: Dec 21th 9:00am UTC
Deposit EURT at https://www.gate.io/myaccount/deposit/EURT
Trade EURT in USDT market via: https://www.gate.io/trade/EURT_USDT
Read the original article at gate-io About EURT:
A digital token backed by fiat currency provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit. The innovation of blockchains is an auditable and cryptographically secured global ledger. Asset backed token issuers and other market participants can take advantage of blockchain technology, along with embedded consensus s, to transact in familiar, less volatile currencies and assets. In order to maintain accountability and to ensure stability in exchange price, we propose a method to maintain a one to one reserve ratio between a cryptocurrency token, called tethers, and its associated real world asset, fiat currency. This method uses the Bitcoin blockchain, Proof of Reserves, and other audit methods to prove that issued tokens are fully backed and reserved at all times.
Token symbol：EURT
Website：https://tether.to/
EURT/USDT Trading starts: Dec 21th 9:00am UTC
Deposit EURT at https://www.gate.io/myaccount/deposit/EURT
Trade EURT in USDT market via: https://www.gate.io/trade/EURT_USDT
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Gate.io Team
Dec 21st, 2021
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