e-Money is an electronic payment system and a store of value. It’s designed to be fast, frictionless, global money: an upgrade for banking services that reflects the increasingly interconnected world. e-Money knows no borders. Its promise is a cheaper and more user-friendly experience for global citizens, local businesses, international companies and NGOs alike. The currency-backed stablecoins which are so important to the project are an innovation on collateralised stablecoins, and they’re fully backed by bank deposits and government bonds.
