e-Money stablecoins are backed by collateral in the form of deposits held at commercial banks.
Multiple currency-backed stablecoins, each using a dynamic peg that tracks the underlying interest rate. e-Money stablecoin holders benefit from interest accrued on their assets while they sit securely in their wallet.
e-Money currently supports several European stablecoins such as the eEUR, eCHF, eSEK, eNOK and eDKK. e-Money will soon release a host of additional currencies.
The e-Money service operates in compliance with Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) legislation.
e-Money is audited by Ernst & Young, providing quarterly proof of funds.
Staking on eMoney is possible with the Keplr wallet browser plugin. If you don’t already have Keplr you will need to install it prior to staking.
If you are unfamiliar with the installation and use of Keplr, please read through our guide on how to Install and Use Keplr.