VNX Euro VEUR

Solana · EUR Stablecoin · Fiat-backed Stablecoin · Solana Ecosystem · Stablecoins

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VEUR is a Euro-pegged stablecoin issued by VNX Commodities AG under Liechtenstein's Blockchain Act. It is used for cross-border payments, trading, and as collateral in DeFi applications across multiple blockchains. Unlike traditional fiat-backed stablecoins, VEUR is backed by reserves primarily composed of VNX Gold, a tokenized gold asset where holders own the underlying physical gold stored in Liechtenstein vaults.