# e-Money

ALL From e-Money

E-Money Unfurls EEUR Owing To Bear Market Conditions

e-Money happens to be a Cosmos-based electronic payment system. After much deliberation, the entity has finally decided to pull back its euro-backed stablecoin EEUR. According to reliable sources in their camp, this much-thought-out step has been taken considering the present crypto bear market situation. In a statement issued, it mentioned that despite everything, it will still be doing justice to the EEUR stablecoin redemptions up until the 6th of march, 2023. 

E-Money A/S Has Decided To Cease Issuance of Its EUR Backed Stablecoin (EEUR)

The issuance stop is effective as of January 9th, 2023. Under the terms and conditions (available at, e-Money will support redemption until March 6th, 2023, after which further redemption will assessed case by case.