### What is STASIS EURO?

STASIS EURO (EURS) is a digital representation of the Euro currency, employing blockchain technology to provide enhanced transparency and security. It is fully collateralised with the Euro at a 1:1 ratio, offering a stable, Euro-pegged digital asset for various uses within the cryptocurrency ecosystem.

### How does STASIS EURO work?

STASIS EURO works by tokenizing the Euro on the blockchain, primarily the Ethereum blockchain, but it is also available on multiple other chains like Polygon, Algorand, and XRP to improve scalability and interoperability. The stablecoin is secured by the blockchain's underlying consensus mechanisms such as Ethereum’s proof-of-stake. It is fully backed by collateral reserves, verified regularly by top global accounting firms. Smart contracts ensure the issuance and redemption of EURS are managed transparently and securely.

### What are the potential use cases for STASIS EURO?

The potential use cases for STASIS EURO include global payments, providing a cost-effective and efficient alternative to traditional methods, and trading, where its stability makes it attractive for investors hedging against market volatility. It is also used in remittances, digital commerce for secure transactions, and within DeFi applications as well as institutional finance for cross-border transactions, lending, and borrowing.

### What is the history of STASIS EURO?

STASIS EURO was launched in 2018 by the European fintech company STASIS, founded by Gregory Klumov and Anatoliy Knyazev. The company is headquartered in Malta and has been active in regulatory discussions since 2012. Since its inception, STASIS EURO has expanded its blockchain interoperability, achieved significant market recognition, and grown to a substantial market presence with a significant market cap and circulating supply. The company prioritises transparency and regulatory compliance, partnering with reputable institutions for audits and financial verifications.

STASIS EURO

Deposits and withdrawals are not currently available for this coin.

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