e-Money stablecoin is a further stage in the development of collateralized stablecoins with DeFi features. 

Firstly, e-Money stablecoins are not prone to the many drawbacks and inherent instability of algorithmic stablecoins. e-Money stablecoins are collateralized in the same currency as which they are issued so the eEUR stablecoin is collateralized in Euros. The simplicity of this system also means that currency-backed stablecoins are highly efficient and liquid.

Lastly, the fidelity and transparency of e-Money stablecoins will be ensured by E&Y quarterly audits to ensure Proof of Funds. This will give complete peace of mind to all users who utilize the e-Money ecosystem.