June 4, 2025
EURI, a stablecoin pegged to the euro, is trading at $1.13, reflecting the current euro-dollar exchange rate (TradingView). Demand for euro-pegged stablecoins is growing amid speculation about the euro's potential to strengthen as an alternative to the dollar (@binance, Reuters).
What's happening?
EURI remains stable, tracking the euro, which is hovering around $1.13 after eurozone inflation slowed to 1.9% in May (Reuters). Support is at $1.12, resistance is at $1.15 (TradingView). RSI (50) is neutral, reflecting the low volatility that is typical for stablecoins. ECB President Christine Lagarde said geopolitical shifts and U.S. tariff policy create opportunities for the euro to grow, which could boost interest in EURI (CNBC, Reuters). The announcement of a bonus APR for EURI on Binance Earn adds to the asset’s appeal (@binance).
Opportunities on Binance
Invest in EURI via Binance Earn with bonus APR in addition to the real APR for flexible products (@binance). Buy EURI fee-free via P2P or use Binance Convert to quickly convert to other assets. Participate in airdrops via Binance Launchpool.
Chart: EURI Price for 7 days
Explanation: The chart shows the EURI stable around $1.13, with minimal fluctuations in line with the euro exchange rate. Support at $1.12 and resistance at $1.15 are key levels.
What's next?
EURI will remain stable as long as the euro holds its position around $1.13–$1.15. Potential for the euro to rise to $1.20 by the end of the year could support EURI (CNBC). Use EURI to hedge risks and earn on Binance Earn. Follow the news on Binance Square and trade on [binance.com]
