📈 Anchored Euro (AEUR) stablecoin, pegged to 1 euro, experienced a sudden 200% surge on Binance after being listed on the crypto exchange yesterday. The AEUR-USDT pair traded around $1.08 for most of the day, but then spiked to $3.25 at 17:45 UTC with high volumes. Binance suspended trading due to "abnormal volatility."

🔍 AEUR is issued by Switzerland-based Anchored Coins and is supposed to be backed by euro fiat assets. The reason for the price surge remains unclear, but the token's low market cap and limited liquidity could make it more vulnerable to de-pegging by potential price manipulation.

💬 What are your thoughts on stablecoins and their potential for price instability? Share your opinions in the comments below!