The e-Money protocol is built for the issuance of a range of interest-bearing stablecoins denominated in and fully backed by multiple world currencies. Against the backdrop of a market dominated by USD pegged stablecoins, e-Money allows users to carry tokens representing the Euro (EUR), Swiss Franc (CHF), Swedish Krona (SEK), Norwegian Krone (NOK) and Danish Krone (DKK) with a host of additional currencies pegged for release in 2021. The project is dedicated to total transparency with quarterly reserve audits performed by Ernst & Young. While most existing stablecoins aim to maintain a static 1:1 peg with their underlying assets, e-Money’s currency-backed tokens are flexible. The price of the tokens is continually adjusted in line with the total value of the reserve including any interest accrued on the reserve assets. This equitable system allows tokenholders to benefit from increasing value of their tokens in periods of positive interest rates and offers protection from peg-breaks in times of negative interest rates. The e-Money blockchain supports instant payments at scale and includes a DEX for easy conversion between currencies. e-Money recently integrated with Ethereum and is currently bridging to Avalanche.