What is EUSD (OLD)(EUSD)?

Basic information about EUSD

Coin name:

eUSD (OLD)

Coin symbol:

Coin introduction:

The Lybra Protocol is a groundbreaking decentralized protocol designed to bring stability to the volatile world of cryptocurrency. Built on LSD (Liquid Staking Derivatives), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH as its primary components, with plans to support additional LSD assets in the future. The protocol's primary objective is to provide the cryptocurrency industry with a safer, more decentralized stablecoin, eUSD, which offers stable interest to its token holders. As a DeFi protocol, Lybra facilitates the minting of eUSD by allowing users to borrow against their deposited ETH and stETH. eUSD, being an ETH-assets-over-collateralized stablecoin, offers users the security and stability necessary for conducting their business with confidence. A distinctive feature of the Lybra Protocol is that users can earn regular stable income by holding minted (borrowed) eUSD, which is powered by the LSD (Liquid Staking Derivatives) income generated from the deposited ETH and stETH. In other words, when users deposit ETH or stETH and mint EUSD against them, they receive a stable income in stETH of approximately 5%, which is converted to eUSD through the protocol and distributed to them. eUSD is an interest-bearing, over-collateralized stablecoin that ensures safety and stability. The Lybra Foundation and LybraDAO community firmly believe that a decentralized stablecoin is essential for both enterprises and individuals to fully harness the benefits of cryptocurrency. By offering an interest-bearing stablecoin supported by ETH and stETH, the Lybra Protocol empowers users to participate in the DeFi ecosystem with confidence and security.

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Current Price:

$1.043More coin details

All-time high:

$1.42

All-time low:

$0.028485

EUSD Supply Info and Tokenomics

Circulating supply:

97K

Total supply:

97K

Max supply:

Market cap:

$101.625K

Fully diluted valuation:

$101.625K

What is the outlook and future value of EUSD?

The current market cap of EUSD is $101.625K, ranked 6928 in the market, showing that the market already recognizes the value of EUSD. When a bull market arrives, the market cap of EUSD may continue to grow.

Moreover, if EUSD can play a greater role in real-world applications—such as if the Monero developers can fully empower EUSD and establish partnerships with more business partners to expand its user base—then the long-term value of EUSD will be further enhanced.

What is the price of EUSD in 2027?

According to the historical price performance prediction model of EUSD, the price of EUSD is expected to reach $1.09515 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get EUSD?

Purchasing EUSD with cash is not the only way to obtain EUSD. If you have enough time, you can get EUSD for free.

Learn how to get Hot rewards for free with EUSD.

Earn free EUSD by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get EUSD airdrops for free.

All crypto airdrops and rewards can be exchanged for EUSD through LBank spot trading.

Buy EUSD starting from $1

What is EUSD used for and how to use it?

The use cases for EUSD may grow with the development of the crypto market and project progress. Currently, you can use EUSD to:

Arbitrage trading of EUSD

EUSD is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many EUSD trading pairs to suit your needs.

Earn yield with EUSD

You can also lend out EUSD or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your EUSD gains.

Send or pay with EUSD

If you want to pay someone with EUSD, you can easily and quickly send EUSD to them using their receiving address.

You can also visit the official website of eUSD (OLD) to learn more use cases of EUSD, such as whether the eUSD (OLD) project supports community/eco apps or buying physical or virtual goods with EUSD.