Topic: We now have EURS as an alternative to USDT (Read 153 times)
I am sure that soon the dollar will disappear in the near future and it will be an alternative to Bitcoin and cryptocurrencies, as they are gradually beginning to gain popularity,and there is talk about replacing the financial system
Stasis, a financial tokenization platform, has launched EURS, a new stablecoin built on Ethereum’s EIP-20 standard and claimed to be backed 1-for-1 by the Euro. The EURS has begun trading on one exchange already, London-based DSX, and the company says that the order volume is projected to reach $500 million by year’s end.
The company adds that EURS was specifically developed to satisfy growing demand for cryptocurrencies from European institutional investors. “EURS bridges the gap between traditional finance and the cryptoeconomy,” commented Gregory Klumov, Stasis CEO. “While cryptocurrency trading is currently dominated by individual and retail investors, STASIS and EURS will pave the way for institutional investors to enter the game and begin allocating capital – that’s what’s needed to take the industry to surpass the trillion dollar mark.”
Source: https://news.bitcoin.com/malta-based-company-launches-new-euro-backed-stablecoin-eurs/
The company adds that EURS was specifically developed to satisfy growing demand for cryptocurrencies from European institutional investors. “EURS bridges the gap between traditional finance and the cryptoeconomy,” commented Gregory Klumov, Stasis CEO. “While cryptocurrency trading is currently dominated by individual and retail investors, STASIS and EURS will pave the way for institutional investors to enter the game and begin allocating capital – that’s what’s needed to take the industry to surpass the trillion dollar mark.”
Source: https://news.bitcoin.com/malta-based-company-launches-new-euro-backed-stablecoin-eurs/
good step to hedge the value of btc and there is also TUSD which is backed by 1$ and they are always open for audit not like usdt which is 75% chances that it is not backed by any $ and some people call is the biggest scam in the crypto
It is really good news that Britain and European countries are thinking about crypto based on this system many countries will be benefited also they need this because this is modern tech based on this in future they can get more profit and benefits.
I also think that the European continent is what the cryptocurrency market has been waiting for plus ETF. Everything seem to be working very fine for digital currency at the moment.
Hello there! Thanks for your interest! We've got an official thread now. So if you have any questions about STASIS and EURS, please follow the white rabbit to https://bitcointalksearch.org/topic/m.43227860. Our team members will be happy to answer!
It is really good news that Britain and European countries are thinking about crypto based on this system many countries will be benefited also they need this because this is modern tech based on this in future they can get more profit and benefits.
This looks really promising. I can see that they have a license from the Maltese government, so maybe we can be sure that 1 EURS is really backed 1- for 1 by 1 EUR.
This is really good news for the market of crypto currency. With the increasing popularity of bitcoin as well as the market of crypto currency, different types of coins are coming to this market. This is also a new addition to this market. It seems good by article and I hope that this will be successful in this market.
That's a great news. EURS is a potential stable coin that has great features. I think it is going to perform good in the market.
Stasis, a financial tokenization platform, has launched EURS, a new stablecoin built on Ethereum’s EIP-20 standard and claimed to be backed 1-for-1 by the Euro. The EURS has begun trading on one exchange already, London-based DSX, and the company says that the order volume is projected to reach $500 million by year’s end.
The company adds that EURS was specifically developed to satisfy growing demand for cryptocurrencies from European institutional investors. “EURS bridges the gap between traditional finance and the cryptoeconomy,” commented Gregory Klumov, Stasis CEO. “While cryptocurrency trading is currently dominated by individual and retail investors, STASIS and EURS will pave the way for institutional investors to enter the game and begin allocating capital – that’s what’s needed to take the industry to surpass the trillion dollar mark.”
Source: https://news.bitcoin.com/malta-based-company-launches-new-euro-backed-stablecoin-eurs/
The company adds that EURS was specifically developed to satisfy growing demand for cryptocurrencies from European institutional investors. “EURS bridges the gap between traditional finance and the cryptoeconomy,” commented Gregory Klumov, Stasis CEO. “While cryptocurrency trading is currently dominated by individual and retail investors, STASIS and EURS will pave the way for institutional investors to enter the game and begin allocating capital – that’s what’s needed to take the industry to surpass the trillion dollar mark.”
Source: https://news.bitcoin.com/malta-based-company-launches-new-euro-backed-stablecoin-eurs/
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