Binance has found itself at the center of controversy once more after a stablecoin listing of the AEUR went terribly wrong. The listing of the Anchored Coins EUR (AEUR) has ended with what can only be described as a disaster that has left the exchange’s users with ample losses.
The Binance AEUR Saga
On Monday, December 4, Binance announced that it would be listing a new stablecoin called the Anchored Coins EUR (AEUR). This was another normal listing that went as planned for the exchange and trading began on the same day.
As a way to promote this new stablecoin, the exchange announced zero-fee trading across four AEUR pairs, including AEUR/BTC, AEUR/ETH, AEUR/USDT, and AEUR/EUR. Trading kicked off across all of these pairs on the exchange with volume coming in under $10 million.
For the first day, the stablecoin traded inside its EUR peg, maintaining a value of around $1.06 to $1.08. However, everything would change on Tuesday, December 5, when the stablecoin began to see a lot of vol
We współpracy z: https://bitcoinist.com/binance-euro-pegged-aeur-disaster/
