eETB
The Ethiopian birr, onchain.
Let’s talk about eETBBacked by
Ethiopian birr
Reserves planned
Issued as
eETB
1:1 with ETB, on Ethereum
Used for
Onchain value
Payments, DeFi, cross-border
eETB is an Ethiopian birr stablecoin on Ethereum, designed to be fully backed and pegged 1:1 to ETB. It brings the birr onchain so it can move the way the internet does: in payments, in DeFi, and across borders. The reserves that will back it aren’t in place yet.
How it works
Pegged to the birr
One eETB is designed to always equal one Ethiopian birr, so it holds the value people already price things in.
Native to Ethereum
eETB is built for Ethereum, so wallets, exchanges and DeFi protocols could use it like any other token.
Built to move
Payments, DeFi and cross-border transfers: the birr, moving at the speed of the internet.
The details
- Peg
- 1 eETB = 1 ETB
- Network
- Ethereum
- Backing
- 1:1 birr reserves (planned)
- Uses
- Payments, DeFi, cross-border
Where it stands
eETB is an early experiment. The reserves that will back it one to one aren’t in place yet, so it isn’t available to use or hold.
Important
eETB is an experiment in development. It isn’t available, the reserves that would back it aren’t in place yet, and nothing on this site is an offer to buy, sell or hold eETB or any other asset, or financial advice.