AEUR Holders Could Face Losses Amid FlowBank Bankruptcy

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August 15, 2024

Holders of the AEUR stablecoin, issued by Anchored Coins AG, are facing potential losses due to the recent bankruptcy of FlowBank SA, one of the financial institutions responsible for guaranteeing AEUR's 1:1 peg to the Euro.

Publisher: Cryptonews

Sentiment: Negative

AEUR

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Anchored Coins warns of potential issues for AEUR amid FlowBank collapse

The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank's bankruptcy in June.

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AEUR Holders Could Face Losses Amid FlowBank Bankruptcy

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Anchored Coins warns of potential issues for AEUR amid FlowBank collapse