Ardorgate just announced an increase in the volume of Euros which can be traded on its gateway platform. On February 12th, Ardorgate, which is a portal between the Euro and the native ARDR token, said that it was increasing its withdrawal and deposit limit to 10,000 Euros. ARDR gained almost 10% within an hour of the news being published, and is now priced at approximately $0.51. The ARDR is ranked 45th in the list of the world\'s top cryptocurrencies, with a total market cap of over $500m.
\r\nArdor is designed to help more companies adopt the new tech more easily, by creating \"child chains\" on the Ardor blockchain for their own projects. This helps to solve scaling issues and provides a wider, open-source network for community development. Jelurida formed a partnership with Ardorgate and a payment processor to produce a child chain token called AEUR.
\r\nBased on the Euro and pegged to its €1 value, AEUR token users will be able to trade on the Ardor platform and exchange their tokens for ARDR, Euros or another cryptocurrency token. Simplifying the exchange process with a pegged Euro token will eliminate the additional steps that often hinder people from starting up in blockchain.
The blockchain industry has grown exponentially, disrupting traditional markets and creating new opportunities for innovation.
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