Stablecoin Overview: Circle’s EUROC

Perfect timing

Regulatory questions

Other market players

Top 6 of Euro stablecoins on Coinmarketcap
Figure 1: List of current Euro-denominated stablecoins (Source: coinarketcap.com)

The classification of EUROC according to the ITC:

Figure 2: The EUROC Tokenbase entry (Source: https://itin.itsa.global/H0JTT5CJ0)

References:

The International Token Standardization Association (ITSA) e.V.

  • The International Token Identification Number (ITIN) is a 9-digit alphanumeric technical identifier for both fungible and non-fungible DLT-based tokens. Thanks to its underlying Uniform Token Locator (UTL), ITIN presents a unique and fork-resilient identification of tokens. The ITIN also allows for the connecting and matching of other media and data to the token, such as legal contracts or price data, and increases safety and operational transparency when handling these tokens.
  • The International Token Classification (ITC) is a multi-dimensional, expandable framework for the classification of tokens. Current dimensions include technological, economic, legal, and regulatory dimensions with multiple sub-dimensions. By mid-2021, there will be at least two new dimensions added, including a tax dimension. So far, our classification framework has been applied to 99% of the token market according to the market capitalization of classified tokens.
  • ITSA’s Tokenbase currently holds data on over 4000 tokens. Tokenbase is a holistic database for the analysis of tokens and combines our identification and classification data with market and blockchain data from external providers. Third-party data of several partners is already integrated, and API access is also in development.

Remarks

Circle’s Euro Coin article cover

--

--

--

The International Token Standardization Association (ITSA) is a not for profit organization working on holistic market standards for the global token economy.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

6 Tips on How to Invest in Cryptocurrency

The Unofficial Weekly Stratis Retrospect #74 — Khilone

Titano Finance

Recapitulation of YAAN LaunchPad PROJECT AMA event held at AMA LOVERS CLUB.

Roadmap for WELLBE Project

Recapitulation of WORLD RECORD EGG PROJECT AMA event held at AMA LOVERS CLUB.

Volatility Trading — Short Guide: How To Take Profit During Rapid Periods Of Crypto Volatility

What Are Bitcoin IRAs & How Can You Use Them To Invest For Your Retirement?

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
International Token Standardization Association

International Token Standardization Association

The International Token Standardization Association (ITSA) is a not for profit organization working on holistic market standards for the global token economy.

More from Medium

A Breakdown of the Bancor v3 Tokenomics

How WOO Network is leading efforts to democratize finance

What do Stablecoins and Earthquakes have in common? A prelude to disaster…

Waves and its recent ups and downs