💶 Does it make sense to have a reserve in EURO in the crypto market?

When we talk about stablecoins, we almost always think of USDT or USDC.

But what if part of the capital were diversified in EURO?

The EURC (Circle/Coinbase) and the $EURI (Tether) are stablecoins backed by the EURO, each with its characteristics and risks.

📌 Why consider a reserve in EURO?

• Currency diversification

• Bet on the exchange rate: if the EURO appreciates against the dollar, INCREASE in purchasing power.

⚠️ But there are challenges…always, right!!!

• Lower liquidity: few exchanges and active pairs.

• Little use in DeFi: most protocols are geared towards the dollar.

• Risk like any fiat currency: the euro also faces economic instabilities.

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🧠 Which one to choose?

• EURC (Coinbase/Circle): regulated, audited, but less traded. And still not listed on Binance

• EURI (Tether): listed on Binance and with higher liquidity, however with less transparency about the reserves, as is the case with all Tether products.

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💡 Conclusion:

Considering a small portion of your reserve in euro may make sense for diversification.

But it is important to evaluate the liquidity and risk profile of each option.

In my case, I chose to start this exposure, since I had never invested in euro, with the token $EURI from Tether, precisely to start understanding and better assessing this scenario.

POLL:

💶 Do you keep part of your crypto reserve in EURO?