Stasis eurs

STASIS EURO (EURS)

STASIS EURS, often referred to as EURS, is a stablecoin that aims to bridge the gap between traditional finance and the burgeoning digital currency ecosystem. Unlike many volatile cryptocurrencies, EURS is designed to maintain a stable value, closely pegged to the Euro (EUR). This feature makes it appealing to users seeking a reliable store of value, a medium of exchange, or a unit of account within the crypto space.

The STASIS platform

Purpose and vision

STASIS is a platform that focuses on the tokenization of existing assets. The primary goal of STASIS is to facilitate the integration of traditional currencies into the blockchain environment, providing transparency, security, and efficiency. By doing so, STASIS aims to create a more accessible and inclusive financial system.

The role of EURS in the STASIS ecosystem

EURS plays a central role in the STASIS ecosystem as its flagship stablecoin. It is designed to offer the benefits of digital currencies, such as fast and secure transactions, without the price volatility commonly associated with cryptocurrencies. EURS is fully backed by reserves held in a transparent and auditable manner, ensuring that each token is supported by a corresponding Euro held in reserve.

Technical structure of EURS

Blockchain technology

EURS is an ERC-20 token built on the Ethereum blockchain. This choice of technology allows EURS to benefit from the robust security features, widespread adoption, and extensive developer support that Ethereum provides. As an ERC-20 token, EURS can be easily integrated with a wide range of wallets, exchanges, and decentralized applications (dApps).

Transparency and auditing

One of the key features of EURS is its commitment to transparency. The reserves backing EURS are regularly audited by third-party firms, and the results are made publicly available. This transparency is intended to build trust among users and ensure that the stablecoin maintains its peg to the Euro.

Use cases for EURS

Digital payments

EURS can be used for a variety of digital payment scenarios. Its stability makes it an attractive option for businesses and individuals looking to transact in a digital currency without exposure to extreme price fluctuations. EURS can be used for e-commerce, remittances, and peer-to-peer payments, providing a seamless and efficient alternative to traditional payment methods.

DeFi and trading

In the decentralized finance (DeFi) sector, EURS serves as a stable asset that can be used for lending, borrowing, and earning interest. Traders can also use EURS as a hedge against the volatility of other cryptocurrencies or as a stable base pair for trading various crypto assets.

Regulatory compliance

Legal framework

EURS operates within a legal framework designed to comply with existing financial regulations. The STASIS platform ensures that its operations are in line with anti-money laundering (AML) and know-your-customer (KYC) standards, which are essential for maintaining the integrity and security of the financial system.