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A pool that includes VNX Euro was launched on Curve
Curve, a leading decentralized exchange (DEX), has launched the first pool with VNX stablecoin. VNX Euro (VEUR) was added to a pool together with agEUR. So, investors can benefit from the best of both worlds: the security and transparency of centralized stablecoin, and the flexibility of decentralized stablecoin.
Stablecoins are becoming increasingly popular in the crypto world, as they offer stability and protection against the volatility. Pools, like the agEUR/VEUR, play a crucial role in the crypto world by providing liquidity and facilitating trading between stablecoins and other cryptocurrencies, with the potential to earn commissions and rewards in CRV.
VNX Euro (VEUR) is an ECR20 token based on the Ethereum blockchain referencing euro. It is a stable and reliable asset created to support the new web3 digital asset infrastructure and generated by company licensed under the Blockchain act in Liechtenstein, thus maintaining the highest level of regulatory compliance.
Addition of VEUR to one of Curve pools creates an earning programs for VEUR holders in the DeFi. By offering cost efficiency, transparency and interoperability stablecoins like VEUR can unlock the potential of blockchain for more users around the world.