CN2
Loading chart...
VNX Euro Overview
24h High
$1.15
24h Low
$1.15
24h Change
+0.68%
7d Change
+0.01%
30d Change
-2.68%
Volume 24h
$16.17K
VNX Euro News
CN2
Loading news...
About VNX Euro
VNX Euro (VEUR) is a euro-referencing stablecoin issued by VNX Commodities AG under Liechtenstein’s Blockchain Act. It is backed by reserves such as VNX Gold, built on ERC-20 and multichain standards, and designed for use in payments, exchanges, and DeFi. VEUR ensures parity with the euro through a regulated reserve model, offering institutional-grade trust and cross-chain functionality.
- Payments: Facilitates euro-denominated peer-to-peer payments on-chain, enabling faster and borderless transactions - Crypto exchanges: Provides a stable medium of exchange and hedging instrument against volatile cryptocurrencies - Decentralized Finance (DeFi): Serves as collateral and liquidity across lending, borrowing, and trading protocols, linking fiat value with open-source financial systems - Cross-chain utility: VEUR can be bridged seamlessly across supported blockchains, ensuring interoperability without increasing the total supply.
- Reserve mechanism: VEUR issuance is backed by reserves, initially gold (via VNX Gold), with reserves always equal to or greater than the outstanding token value - Token standard: Implemented as ERC-20 on Ethereum and equivalent standards on other chains, ensuring wallet and exchange compatibility - Bridging: The VNX platform allows VEUR to move across blockchains by burning tokens on one network and minting them on another, while keeping the global supply constant - Custody: Reserves are held under irregular custody by VNX, with monitoring and compliance governed under Liechtenstein’s Financial Market Authority (FMA) supervision.
VEUR is issued by VNX Commodities AG, founded by Alexander Tkachenko, who also serves as the company’s CEO. The firm is headquartered in Vaduz, Liechtenstein, and operates as a licensed financial entity under the Liechtenstein Financial Market Authority (FMA). Tkachenko, an entrepreneur with experience in venture capital and blockchain innovation, established VNX to connect traditional financial assets such as gold and fiat currencies with blockchain infrastructure. Its earlier product, VNX Gold (VNXAU), laid the foundation for the development of fiat-referencing tokens like VEUR.
VNX Euro Markets
CN2
Loading markets...
VNX Euro Platforms
CN2
Loading platforms...
VNX Euro Market Data
The live VNX Euro price today is $1.15 USD with a 24-hour trading volume of $16,171.86 USD. We update our VEUR to USD price in real-time. VNX Euro is up 0.68% in the last 24 hours.