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I think this is basically right--demand for EUR stablecions is low. There _are_ Europeans who want BTC! But as long as there are EUR on/off ramps, they're generally fine using USD stablecoins/futures/etc. in the middle. Demand for "fiat but on blockchain but not USD" is low.

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Larry Cermak

@lawmaster

Jan 9, 2021

Replying to @ASvanevik

They’ve existed for years and no one uses them. Stasis and even Tether and Synthetix has one. Despite all that, 97%+ of all the stablecoin supply is still in dollars

2:17 AM · Jan 9, 2021Twitter Web App

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Any update on plans for a

listing ?

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I would greatly prefer EUR stablecoins if there was the same liquidity/yield/etc. Pretty sure most people that ultimately have to spend EUR in the real world would too.

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try $EURS. Good liquidity on Uniswap and pretty good yields on Curve.fi

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possible it has been the case till now because EUR/USD was quite stable, I can see a change in sentiment lately... As a european i never cared and was fine in usd stablecoins, recently though.. (still would need apps that allow me to play with eur: farming, prediction markets..)

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There is a demand for a missing offer. Eur stablecoins are not audited as good as PAX.

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$EURS is the most transparent stablecoin on the market. Daily statements, weekly verifications and fully audited by Top 5 stasis.net/transparency/

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I think a Cad stable would be nifty, but not necessary. Nifty tho.

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Also SEPA.

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Some thoughts: If

offered euro fiat withdrawals and deposits I think demand for EUR stable coins would increase. No exchange is offering EUR pairings. You would be the first and get massive influx of Euro centric users.

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we do :) ftx.com/markets/fiat EUR SEPA deposits, EUR/USD market (with margin trading!)

ftx.com

FTX

Cryptocurrency Derivatives Exchange

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