Tiny Euro-Pegged Stablecoin Surges 200% on Binance Before Exchange Halts Trading Due to ‘Abnormal Volatility’

The AEUR-USDT pair was trading at around $1.08 for the most part of the day, roughly in line with the EUR-USD exchange rate at the time, Binance trading data shows. The token started to rise sharply at around 17:45 UTC with high volumes, hitting a high of $3.25.

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