STASIS EURS is the first stablecoin anchored to the euro launched by the STASIS team based on Ethereum's EIP-20 standard, in order to meet the growing demand for cryptocurrencies from European institutional investors.

Project Introduction

STASIS combines the huge potential of the cryptocurrency market with the stability and reliability of traditional currencies to provide a full range of tokenization service platforms, including smart contract creation, third-party auditing, custody services, and support for the current regulatory environment in-depth research.
STASIS' tokenization service brings together licensed financial intermediaries, top law firms and top global accounting firms to form a complete ecosystem. Each party contributes to the ecosystem according to their strengths, creating a comprehensive framework for tokenization and ensuring that digital assets mirror their off-chain counterparts in the long run. Despite the changing regulatory and economic environment, our tokenized assets remain stable.

Characteristics of EURS Stablecoin

EURS is a token issued by STASIS, pegged to the Euro currency. Fully backed 1:1 by financial assets, the EURS token combines the advantages of the world's second most traded currency with the transparency, immutability and efficiency of the blockchain. EURS reflects the value of the Euro on the blockchain and is backed by liquidity assurance mechanisms provided by our ecosystem partners. Each token is backed 1:1 by EUR held in our reserve account. In addition to Euros, EURS can also issue securities to be purchased by STASIS' liquidity providers.

Advantage

1. No more gas fees
EURS is an EIP20 token, the first stablecoin to introduce delegated 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 step forward in terms of user experience.

2. Transparency
The reserve account of EURS has unparalleled transparency.

Application scenario

1. Hedging volatility
The low volatility of EURS, matched with the relatively stable euro, provides a hedging solution for cryptocurrency portfolios.

2. Cross-border transactions
EURS allows users to efficiently send money across borders, taking advantage of 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 countries with unreliable, inflationary currencies. EURS can provide these people with a stable store of value.

4. Instant payment
Whether it is a company paying wages, or a small amount of money to drink coffee, EURS can send money instantly without a middleman.