What is STASIS EURS? EURS Cryptocurrency Overview

• What is STASIS EURS (EURS)?
• EURS . Development Team
• The outstanding advantages of EURS
• What is EURS used for?
• Where to buy, sell and trade EURS?
• EURS storage wallet
• Frequently asked questions about STASIS and the EURS
• summary

What is STASIS EURS (EURS)?

STASIS EURO (EURS) is a stablecoin issued on the Ethereum platform by the company STASIS on June 27, 2018. EURS was developed with the aim of becoming a stablecoin based on Euro to meet the demand for delivery. Cryptocurrency translation by investors from Europe.

STASIS was one of the first companies to offer authorized transfers for Ethereum-based wallet transactions. As a result, users can pay transaction fees on STASIS applications and products with EURS instead of just ETH as usual.

EURS . Development Team

STASIS is a company specializing in providing asset-to-token services based on blockchain technology based in Malta. STASIS is owned and accountable to the STASIS Foundation, an organization incorporated under the laws of the Isle of Man.

This fund has the task of supervising STASIS company through a board of directors consisting of many experts in the fields of technology, business finance, accounting, etc. to ensure that no one has control over the assets of STASIS, including reserve accounts for EURS and other crypto assets.

Some of the key members of STASIS include:

• Gregory Klumov (CEO and Founder): Gregory is an entrepreneur, investor, and manager with over 15 years of experience in finance and technology.
• Anatoliy Knyazev (Chief Technology Officer) : Anatoliy is a computer scientist. He started his career as a derivatives trader for his own fund in the early 2000's. With his experience, in-depth knowledge of market indicator tools and systems. In school, he developed a famous financial trading software and company, Exante. Additionally, Anatoliy is one of the people behind the Bitcoin Fund, one of the first and most profitable Bitcoin hedge funds in history.
• Vyacheslav Kim (CFO) : Vyacheslav has more than 12 years of management experience in financial management, business planning and development.
• Konstantin Orlov (Training Director) : Konstantin is a project consultant on international corporate and financial transactions. Konstantin used to work as general counsel and legal department for Renaissance Capital bank.

The outstanding advantages of EURS

Here are some of the outstanding advantages that EURS tokens bring to investors:

• A new investment and payment channel : Companies and businesses can use EURS as a new investment and payment channel for their products and services.
• Easy interaction with blockchain platforms : Companies and businesses through EURS can easily interact with applications and services in the cryptocurrency world.
• High stability, safety : EURS is supported and stable in value on a 1:1 ratio to the Euro. User collateral is stored in STASIS funds with multiple safety and transparency mechanisms. These assets can be requested by users at any time, verified monthly and audited quarterly by BDO Malta.
• Ease of conversion between EURS and Euro : STASIS also provides access to a direct exchange of EURS for Euros through the Swiss bank SCB Exchange.

What is EURS used for?

EURS is currently used as an alternative, haven asset in the crypto market. The main goal of STASIS is to promote the adoption of EURS used as collateral in DeFi, money markets, other synthetic assets… Since all EURS currencies are backed, collateral is denominated in currencies. Euro should pose no risk for investors and everyday users. EURS is issued with 2 main objectives as follows:

An alternative to USD-collateralized property

• The most transparent stablecoin on the market
• A suitable alternative to the USD of the people of the European Union, Asia and Latin America
• Does not depend on the inflationary monetary policy of the USD
• Not affected by stablecoin regulations like other stablecoins backed by USD

Become a reserve asset for DeFi

• EURS has interoperability across several different blockchain platforms which ensures better performance, user experience in DeFi with low fees
• A convenient way to enter/exit from the volatile crypto market for investors thanks to the ability to easily convert between EURS and Euro

Where to buy, sell and trade EURS?

Currently, you can buy, sell and trade STASIS EURS (EURS) on various exchanges such as HitBTC, Bitibu, DSX, DDEX, ABCC and Kuna. In which, HitBTC exchange is the one with the largest EURS trading volume.

EURS storage wallet

EURS is an ERC-20 token, so you can store EURS in wallets that support ERC-20 tokens like MyEtherWallet, ImToken, Trust Wallet, MetaMask, Ledger, Trezor… Also, you can also store EURS on the wallet. of exchanges where you regularly buy, sell and trade.

Frequently asked questions about STASIS and the EURS

Who manages STASIS's mortgage reserves?

Your reserves and mortgages are held in the accounts of the partner organizations that the STASIS Foundation has voted on and voted to keep them as safe and transparent as possible. To learn more about reserves and view STASIS's daily account statements, investors can visit https://stasis.net/transparency/ .

Are STASIS and EURS legal?

Both STASIS as a company and EURS as assets are subject to the laws of Malta, a country in the European Union.

Can I transfer EURS to any Ethereum address?

EURS is an ERC-20 token and can be sent to any Ethereum wallet address. However, not all current e-wallet applications support displaying EURS in their user interface.

summary

In 2018, STASIS developed and released EURS, the first stablecoin backed by the Euro. EURS allows investors to interact with the full range of features and services that the cryptocurrency industry has to offer without the risks associated with losses in volatile markets. Hopefully with the above information, readers will have more useful knowledge related to EURS. Good luck with your trading!

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