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Euro Linked StableCoin (EURET) is the first stable coin to be listed on the Zurich Crypto Exchange, a platform of LWH FinTech (Swiss) AG (‘LWH AG’). It is a virtual currency that linked a cryptocurrency to a legal currency, the Euro. Each EURET is symbolically associated with a government-backed legal tender, a virtual currency that is kept in a foreign exchange reserve account and supported by fiat currency. This method can effectively prevent the price of cryptocurrency from fluctuating greatly. The EURET is based on the stable value currency Euro, 1EURET = 1 Euro, and strictly a 1:1 reserve guarantee, that is, for every EURET issued, the bank account will have a guarantee of 1 Euro. Users can use 1:1 for EURET and EUR at any time.

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