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STASIS EURS is the first stablecoin anchored by the STASIS team based on Ethereum's EIP-20 standard, to meet the growing demand for cryptocurrencies among European institutional investors.
STASIS combines the huge potential of the cryptocurrency market with the stability and reliability of traditional currencies, providing a comprehensive tokenized service platform, including smart contract creation, third-party auditing, custodial services, and in-depth research into the current regulatory environment.
STASIS's tokenized services bring together licensed financial intermediaries, top law firms and top accounting firms in the world to form a complete ecosystem. All parties contribute to the ecosystem based on their own expertise, create a comprehensive framework for tokenization, and ensure that digital assets reflect their off-chain counterparts for a long time. Despite the ever-changing regulatory and economic environment, our tokenized assets remain stable.
EURS is a token issued by STASIS, pegged to the euro currency. EURS tokens are fully supported by financial assets 1:1, combining the advantages of the world's second largest trading currency with the transparency, immutability and efficiency of blockchain. EURS reflects the value of the euro on the blockchain and is supported by liquidity assurance mechanisms provided by our ecosystem partners. Each token is backed by 1:1 euros held in our reserve account. In addition to the euro, EURS can also issue securities, purchased by STASIS's liquidity providers.
Advantages
1. No more fuel charges
EURS is an EIP20 token and is the first stablecoin to introduce commissioned payments on the Ethereum network. Users no longer need to pay GAS fees to make transactions. Pay transaction fees directly with digital assets supported by EURS or STASIS wallets. This is a huge improvement in user experience.
2. Transparency
EURS's reserve account has unparalleled transparency.
1. Hedging Volatility
EURS' low volatility, matches the relatively stable euro, provides a hedging solution for cryptocurrency portfolios.
2. Cross-border transactions
EURS allows users to effectively remit money across borders, leveraging the speed and peer-to-peer nature of blockchain transactions, while also providing a stable store of value.
3. Get reliable currency
Today, many people live in unreliable, inflationary monetary countries. EURS can provide these people with a stable store of value.
4. Instant payment
Whether it is a company paying wages or paying small amounts of money to drink coffee, EURS can remit instant money without an intermediary.