Celo Euro (CEUR) shows mixed sentiment with cautious optimism around its Euro peg stability but concerns about thin liquidity, trading at $1.12 (-1.04% weekly).
Stablecoin utility focus – Discussions highlight CEUR’s role in Celo’s DeFi ecosystem but note limited adoption beyond niche use cases.
Peg reliability – Traders debate CEUR’s slight premium/discounts (±0.5%) against EUR, questioning arbitrage mechanisms.
Low liquidity risks – Thin trading volumes ($1M/day) and 0.26 turnover ratio signal vulnerability to slippage.