Previously, head of blockchain solutions at tech giant IBM hinted that bank-targeted stablecoins will be a major forthcoming development for the company’s blockchain cross-border payments solution. The Universal Euro will purportedly be available directly on digital money platform Uphold and participating exchanges, as will be accepted by crypto custodian and device providers such as BitGo and Ledger. We have coin market data from 05 Nov 2020, the lowest rate was on May 2022, 8 months ago it worthed $0.387. The Best year in which Universal Euro value increased the most was 2021 https://cryptolisting.org/ value jumped from $1.24 to $3.97. The Worst year in which the price declined from $2.19 to $0.250 is 2022.
After the start of the token on Apr 17, 2019, on the Ethereum platform, more than 27 wallets owned/owns UPEUR also 161 successful token transactions have been recorded till today. There was no trade for the last 24 hours, meaning no one sold or bought this coin. Charts Explore more data on the digital asset markets with comprehensive graphs.
Apr 17, 2019, was the day when a smart contract for token was started on the Ethereum platform, approximately 3 years ago. Showing how wealth is distributed between all holders, for example, the top 10 richest addresses hold 99.90% of all available supply. When autocomplete results are available use up and down arrows to review and enter to select. If you want to create a utility token, tokenized commodity, proprietary digital currency, or a substantiated token of any kind, we can create it for you within weeks – the process normally takes months, if not years – since we have a fully operational Token Factory. Analyse the actual information or ask financial consultant for help before making investment or trading decisions. Cmc.io aggregates data from different sources and it is not responsible for any missing or incorrect information.
CryptoPredictions.com is a trusted brand providing one of the most accurate cryptocurrency price predictions on the market. We aspire to operate on a global scale and offer our predictions in 8 languages and 33 currencies between which you can easily swap at any time. The Universal Protocol alliance will accomplish this goal by bringing to market new financial products like the Universal Euro which consumers can easily recognize and identify with. UPEUR joins the Universal Dollar and the Universal Bitcoin in our family of Universal tokens, which are tokenized representations of stored assets. In the early weeks of April we will be launching our next stablecoin, the Universal Euro. The UPEUR is the second stablecoin issued from the Universal Protocol Alliance, a consortium of leading blockchain organizations including CertiK, Bittrex International, Uphold, Cred, Blockchain at Berkeley, and Brave.
We have already invented wrapped bitcoin and launched several stablecoins including UPUSD and UPEUR, as well as the world’s only gold token that represents government-guaranteed gold and benefits from zero custody fees, instant liquidity, and instant spendability on a debit card. Most recently we launched the world’s first retail tradable REDD+ carbon credit and we have other products coming soon. We are a coalition of like-minded cryptocurrency companies and blockchain pioneers, including Bittrex Global, CertiK, Fifth Era, Hard Yaka, Ledger, Trovio and Uphold. We know how to tokenize and transparently substantiate virtually any asset.
Providing the freedom to create bespoke blockchains for specific projects, the platform makes any blockchain readily compatible with the widely-adopted Ethereum network and its ecosystem of smart contracts, DApps and decentralized exchanges. This means that if you want to create an incentive token, a proprietary digital currency, or tokenized commodity, we can do it within weeks and replace a process that can take years. UPEUR has been designed for consumers who want additional options for crypto revenue generation that is not based on a USD-pegged stablecoins. The stablecoin market is currently flooded with, USD-pegged stablecoins and the UPEUR gives consumers a popular alternative with similar means of storing value on the blockchain.
UPEUR is architected with institutional-level security in mind and works seamlessly with the Universal Protocol Token , designed to allow for quick, low-cost conversion of UPEUR to fiat currencies, UPUSD, UPBTC or other digital assets. UPEUR is backed by some of the biggest names in the blockchain industry, all supporting various aspects of the UPEUR ecosystem and we’re thrilled to make this stablecoin available in the near future” said Dan Schatt, Co-founder of the Universal Protocol Alliance and Cred. The new stablecoin targets residents in countries with high inflation or limited access to traditional banking, according to the press release. By using UPEUR, users will be able to lend their euro-pegged assets and earn interest. The Universal Protocol Alliance, a coalition of blockchain firms including crypto exchange Bittrex and decentralized browser Brave, will launch its own euro-pegged stablecoin in April, according to a press release on March 28.
- In the early weeks of April we will be launching our next stablecoin, the Universal Euro.
- In economies with high inflation, negative interest rates, or other limitations, consumers can now get access to lend their Euro-pegged assets, and earn interest at a much higher rate than if it their assets remained in their national banks.
- This stablecoin is aimed at people who want to get more out of their Euros than they currently are.
- The Worst year in which the price declined from $2.19 to $0.250 is 2022.
- However, using the total supply as of Feb 10, The market capitalization of Universal Euro will be $262.3 Thousand.
As we add more digital currency products from the Universal Protocol Alliance in the coming months, users will continue to expand their agency to move digital assets into different forms of value than they previously could, and in a secure manner. The UPEUR will be available for use on CredEarn through the Uphold platform when it is released by Universal Protocol. This will enable users to earn up to an 8% annualized return on their staked Universal Euros.
This stablecoin is aimed at people who want to get more out of their Euros than they currently are. In economies with high inflation, negative interest rates, or other limitations, consumers can now get access to lend their Euro-pegged assets, and earn interest at a much higher rate than if it their assets remained in their national banks. UPEUR is designed to give people additional choices of revenue streams by accessing additional stablecoins that are not pegged to the US Dollar. Since the Euro is the second highest currency in global fiat currency reserves, the demand for euro-pegged blockchain assets is apparent. The potential value of this emerging blockchain sector will revolutionize global finance by creating access for global consumers who want to invest in Euros and euro-based assets. UPEUR is giving opportunity to global citizens who want to earn more from their Euros.
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CertiK was founded by academics at Columbia University to develop a formal verification framework that aims to mathematically prove that smart contracts and blockchain ecosystems are free from breaches and upeur security-resistant. Relying on the table data, the Universal Euro to Bitcoin exchange volume is $0. Universal Euro Oct 16, 2021 had the highest price, at that time trading at its all-time high of $3.65.
Universal Protocol Alliance to Launch Euro-Pegged Stablecoin in April
UPEUR is fully collateralized on a 1-1 basis with EURO stored at a segregated EU bank account. Leveraging the efficiency and transparency of blockchain and issued by the Universal Protocol Alliance.
Coinlore provides independent cryptocurrency / coin prices calculated by its own algorithm, and other metrics such as markets, volumes, historical prices, charts, coin market caps, blockchain info, API, widgets, and more. We also gather additional information from different sources to make sure we cover all necessary data or events. The platform dramatically streamlines the process of listing new cryptocurrencies, today an expensive and time-consuming task that can take weeks, if not months, of work. After the introduction of the Universal Protocol, exchanges will only have to add Ethereum ERC-20 support once to list Proxies representing any cryptocurrency, or other tokenized asset class. “The Universal Euro offers a high rate of return and the same commitment to code quality, investor safeguards and transparency as other Universal Protocol Tokens.
The Universal Protocol Platform addresses one of the biggest challenges facing blockchain technology by allowing the instant and seamless transfer of value across different decentralized networks. Today, different crypto networks can’t ‘speak’ to each other increasing the time, cost and risk of trading digital tokens and cryptocurrencies. With the introduction of the second Universal stablecoin, UPEUR joins the Universal Bitcoin and the Universal Dollar as a better version of fiat, with new consumer safeguards for users relating to key recovery and inheritability. UPEUR holders will join UPBTC and UPUSD holders and their ability to transfer value quickly across different blockchains and fiat currencies.
UPEUR/BTC Exchange Rate Overview
The introduction of UPEUR continues our drive to create a more functional, usable, and transparent digital blockchain, which will drive mainstream adoption and lead to the next 100 million new blockchain users. Universal Euro is a Euro pegged stablecoin, developed by the Universal Protocol Alliance project. Token holders can earn up to 8% interest if they lock the tokens for a period of time. The new stablecoin initiative comes amidst increasing popularity of stablecoins. Recently, Star Xu — founder of exchange services provider OKCoin and crypto exchange OKEx — announced OK Group’s partnership with blockchain-focused trust company Prime Trust, purportedly allowing the firm to launch its own compliant stablecoin.
Since you are already here why not look at predictions of other cryptocurrencies? If you are planning to trade crypto, please consult a financial adviser. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Universal Euro price chart. To see more analysis and outlook please check the Universal Euro price prediction page.
What was the lowest price?
UPEUR is only traded on one exchange Bittrex and has only one pair of BTC, also trade volume is very low meaning buying or selling UPEUR at the current price can be hard. At this moment, we can’t calculate the market cap as we don’t have the best approximation of the circulating supply. However, using the total supply as of Feb 10, The market capitalization of Universal Euro will be $262.3 Thousand. Driving the future of blockchain adoption with the world’s first tradable carbon token on … No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion.