e-Money to bring its suite of European stablecoins to AirNFT
e-Money and AirNFT, a multichain NFT marketplace built on alternative layer 1 blockchains have announced their intent to explore a strategic partnership.
With the NFT market exploding in the past year, the crypto ecosystem has never looked more ready to accept a broader range of digital currencies to be used as a viable payment mechanism. e-Money, with its fully collateralised European stablecoins, is hence a great fit for the digital collectibles industry.
Benefits of the partnership
e-Money has been forging strong partnerships with various DeFi, NFT, and gaming projects across the crypto world, and a strategic collaboration with AirNFT will strengthen its position as a reliable alternative to dollar-pegged digital currencies. e-Money’s suite of stablecoins currently includes EEUR, ECHF, ESEK, ENOK, and EDKK.
AirNFT’s easy-to-use dApp is designed to onboard crypto newbies by facilitating NFT creation at the click of a button. The project is built on alternate layer 1 blockchains like BSC, Fantom, and Polygon, thus further enhancing the user experience with quick transaction speed and low gas fees.
Integrating e-Money’s fully collateralised stablecoins within AirNFTs ecosystem offers a fantastic opportunity for the platform to access the European market where crypto newbies, as well as blockchain natives, can invest with payment solutions that are backed by their own native currencies. Thus, the collaboration also helps accelerate AirNFT’s popularity in a region that is vital to the growth of the crypto ecosystem.
About AirNFTs
NFT Marketplace built on BSC, FTM and Polygon
🖼 Mint, Trade and Earn with NFTs
⚡️ Faster and cheaper fees under $1
💰 Earn BNB, FTM and Matic on AirNFTs platform.
About e-Money
e-Money is a blockchain-based payment platform built by Danish fintech e-Money A/S, committed to bringing financial inclusion and helping people around the world to have easy access to digital currencies. Built on Cosmos technology, e-Money supports a range of fiat-stablecoins which are fully backed by bank deposits and government bonds that are also interest bearing. The fidelity and transparency of e-Money stablecoins will be ensured by Ernst & Young providing quarterly Proof of Funds.
e-Money currently supports several European currency-backed stablecoins such as the EEUR, the ECHF, and tokens backed by Scandinavian currencies (ENOK, EDKK, and ESEK). The e-Money ecosystem has a second token, the NGM “Next Generation money” which is a staking token and rewards token. Users can stake NGM to secure the e-Money network.
Unlike most existing stablecoins which aim to maintain a static 1:1 peg with their underlying assets, the value of e-Money’s currency-backed tokens continually shifts in line with the interest accrued on the reserve assets. This means that holders benefit from the interest accrued on their assets while they sit securely in your wallet. The e-Money blockchain supports instant payments at scale and includes a DEX for easy conversion between currencies. e-Money has already integrated with Cosmos Hub, Osmosis, and Ethereum and expects to integrate with all major networks moving forward.
