13 Jan 2025

Lead the Pack with EURS: STASIS Pioneering EU Stablecoin

Lead the Pack with EURS: STASIS Pioneering EU Stablecoin

STASIS (EURS) is a blockchain platform headquartered in Malta that facilitates asset tokenization. EURS, a stablecoin, provides feeless transactions on the Ethereum network. With a 1:1 peg to the Euro, it holds a solid position as a Euro-backed digital asset. More information is on the website.

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STASIS (EURS) is a blockchain system that encourages crypto enthusiasts and investors to tokenize any financial asset for storage or earnings and freely move digital assets inside and outside the network.

Today, the fully interoperable blockchain platform is headquartered in Malta, where the brand successfully cooperates with the Malta Digital Innovation Authority (MDIA) – the state body responsible for the regulatory framework of digital currencies.

EURS Coin Utility

EURS is a typical form of stablecoin designed with ERC/EIP20 standards in mind. The token authorizes users to implement delegated payments on the Ethereum network without paying gas fees for each transaction. Ecosystem participants pay trading fees with fiat euros or any other crypto assets on the STASIS Wallet balance.

EURS token key indicators on Coinmarketcap as of June 27, 2023:

  • Token name: EURS
  • EURS price: $1.09
  • Technology: ERC/EIP20
  • Fully diluted market cap: $135,367,970
  • Market cap: $135M
  • Volume (24h): $4M
  • Total supply: 124,125,940 EURS
  • Circulating supply: 124,125,940 EURS

The token's utility lies in its high trading speed, large margins, and transparent transactions.

STASIS(EURS) Origins

STASIS was established by Michael Maylahn and supported by experienced engineers, developers, financial specialists, and serial entrepreneurs. On June 27, 2018, STASIS took a make-or-break decision and announced the EURS launch – a reliable stablecoin pegged to the euro at a 1:1 ratio.

EURS Use Cases

STASIS (EURS) has a wide range of applications in the digital world:

  • Merchants. Companies can accept online payments from global users with instant credit.
  • Investors. Hedging the risks of hyperinflation and saving users' investments is done by converting them into a reliable stablecoin.
  • Business. EURS is often utilized as compensation for paying salaries to telecommuting employees.
  • Crypto holders. Buying, selling, and holding a digital asset for profit.
  • Borderless finance. A tool for investing in promising projects.
  • Eurozone customers A way to reload the balance and convert funds to crypto coins.

H2 STASIS (EURS) Funding

STASIS (EURS) has completed three investment rounds and received support from 9 institutional investors for a total of $5.12 million.

Why EURS?

STASIS (EURS), a Malta-based blockchain platform, has a market cap of $135 million and handles $4 million in daily trading volume as of June 2023. It provides an ERC/EIP20 standard token, EURS, with diverse applications, ranging from online payments to investment hedging.

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

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