What is Stasis Euro

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About STASIS EURO


  • What is STASIS EURO (EURS)?

    : A tokenized version of the Euro, combining benefits of a globally recognized fiat currency with blockchain transparency, immutability, and efficiency.

  • Key Features:

    • Fully backed by 1:1 collateral reserves
    • Daily statements from account providers, weekly verifications, and quarterly audits
    • Bridges the gap between decentralized finance (DeFi) and off-chain markets

  • Founders:

    • Gregory Klumov (CEO)

About STASIS EURO: A Stable Store of Value

Introducing STASIS EURO (EURS): A Stablecoin Pegged to the Euro

STASIS EURO (EURS) represents a tokenized iteration of the fiat asset, the Euro. By mirroring the value of the Euro on the blockchain, EURS effectively combines the global recognition and stability of a traditional fiat currency with the transparency, immutability, and efficiency inherent to blockchain technology. As stated on their website, each token is fully collateralized on a 1:1 basis. Furthermore, the company prioritizes transparency by providing daily statements from account providers, supplemented by weekly verifications and quarterly audits conducted by a top 5 global accounting firm.

According to company representatives, the STASIS platform seeks to bridge the divide between decentralized finance (DeFi) and traditional, off-chain markets, thereby professionalizing the industry and paving the way for the influx of institutional investors and cryptocurrency hedge funds. By providing a suite of cutting-edge technological solutions, STASIS empowers businesses to offer their users a comprehensive range of services, including third-party audits, custodial services, smart contract creation, brokerage, trading support, and more.

EURS is a fully collateralized stablecoin, backed 1:1 with the euro, with every EURS token underpinned by the company’s robust collateral reserves. The launch of STASIS EURO was prompted by the burgeoning demand for stable crypto assets emanating from European countries. With STASIS, investors can seamlessly transfer assets to and from the blockchain. Moreover, the decentralization of payments and the flexibility of STASIS EURO empower users to execute transactions between any registered securities (including stocks, bonds, treasury bills, and euros) without the need for intermediating banking institutions.

With its headquarters established in Malta since 2012, STASIS EURO has been collaborating closely with the Government of Malta to develop a comprehensive regulatory framework for cryptocurrencies.

The Visionaries Behind STASIS EURO: Meet the Founders

The team driving STATIS forward is a dynamic ensemble of financial connoisseurs, seasoned entrepreneurs, and ardent crypto enthusiasts. Notably, Crunchbase highlights the key triumvirate comprising Gregory Klumov (CEO), Anatoliy Knyazev (CTO), and Vyacheslav Kim (CFO), who collectively form the backbone of the organization.

Klumov is a visionary tech entrepreneur with a proven track record in alternative asset management and the development of intricate, multi-faceted business strategies. His entrepreneurial journey began in the IT realm, where he successfully established a high-speed Internet Service Provider (ISP) called BNET at a remarkably young age. He subsequently transitioned into the finance sector and later ventured into the crypto sphere, capitalizing on the emergence of Bitcoin.

Unveiling the Unparalleled Characteristics of STASIS EURO (EURS)

The STASIS website describes EURS as a low-credit-risk stablecoin, designed to facilitate seamless access to the digital asset market. By providing business payment channels, a reliable transaction method, price stability, and simplified interaction with the crypto world, EURS offers users a hassle-free experience.

The company maintains a steadfast commitment to regulatory compliance in the development of its euro-backed digital asset, thereby safeguarding funds from the turbulence, risks, and uncertainty inherent in financial markets.

The Circulating Supply of STASIS EURO (EURS) Coins: An Overview

As of this writing, EURS boasts a circulating supply of 124,125,940 coins.

The Security Architecture of the STASIS EURO Network

The EURS token is deployed as an ERC-20 token on the Ethereum blockchain, which is fortified by a proof-of-stake (PoS) consensus mechanism, ensuring a secure and decentralized network. Furthermore, EURS is also accessible on Ethereum layer-2 chains, including Arbitrum, Polygon, Gnosis Chain, Algorand, XRP, and XDC Network, thereby expanding its reach and versatility.

Furthermore, STASIS EURO is fully compliant with prevailing European regulatory requirements, rigorously adheres to stringent Anti-Money Laundering (AML) and Know-Your-Customer (KYC) verification protocols, and boasts a prestigious partnership with the esteemed auditing firm, KPMG.

Where to Acquire STASIS EURO (EURS): A Comprehensive Guide

STASIS EURO (EURS) is readily available for purchase on a variety of prominent cryptocurrency exchanges, including Bitfinex, Curve, Indodax, HitBTC, and DFX Finance.

Stay up-to-date with EURS market fluctuations in real-time by downloading the CMC mobile app.

Associated Resources:

Discover Tether (USDT), the premier stablecoin by market capitalization, boasting unparalleled dominance in the cryptocurrency realm.

Discover Euro Coin (EUROC), a stablecoin whose value is meticulously pegged to the European euro (EUR), ensuring a stable store of value.

Delve into the world of cryptocurrency with our comprehensive glossary, where you’ll discover the intricacies of stablecoins and more.

Unravel the Mystery of Stablecoin Depegging: Insights from CMC Alexandria.

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