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Welcome To Wootfi All In One Review Blog > Blog > COINS > STASIS EURO (EURS) Coin Review : It is Good Or Bad Review
COINS

STASIS EURO (EURS) Coin Review : It is Good Or Bad Review

Denny Bitsong
1 year Ago COINS Posted by By Denny Bitsong 8 Min Read Add Comment Tags: STASIS EURO (EURS) STASIS EURO (EURS) login STASIS EURO (EURS) review
STASIS EURO (EURS) Coin Review : It is Good Or Bad Review
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About STASIS EURO (EURS)

STASIS EURO (EURS) In physics STASIS, pronounced stey-sis, refers to the balancing of various forces in order to reach equilibrium or keep something in one place. Their tokenization services account for all the forces that affect a digital asset, from technology to corporate structure, and from government relations to public relations. To do this, we’ve pulled together an ecosystem of licensed financial intermediaries, top law firms, and a top global accounting firm. Each party contributes to the ecosystem based on their own particular expertise, allowing us to create a comprehensive framework for tokenization while ensuring that a digital asset mirrors its off-chain counterpart in the long run. Despite shifting regulatory and economic environments, the assets the tokenize stay the same; they’re in stasis.

STASIS EURO (EURS) customers are the companies and projects interested in the latest blockchain technology applications in payments, settlements and asset tokenization. At the moment they are focused on fungible assets such as currency. However, the also have the capability to tokenize non-fungible assets such as fine art. they have worked hard to create the digital analog of EURO and the believe that in the near future the solution will be the most popular and widespread in the stablecoin space due to numerous benefits such as low volatility, access to reliable currency, availability of сross-border transactions, instant payments and lowest interest rates possible.

The EURS token created by STASIS is aimed at bridging the gap between decentralized finance and the off-chain market. Their stablecoin can be suitable for various use cases. Moreover, the European Central Bank (ECB) encourages private companies to pioneer stablecoin project initiatives. With further growth of the cryptocurrency market and broad popularity (Deutsche Bank has predicted digital assets to overcome fiat currency by 2030), it has all the chances of becoming one of the leading payment solutions in the forthcoming future.

STASIS EURO (EURS)Storage Key Points

Coin BasicInformation
Coin Name STASIS EURO
Short Name EURS
Circulating Supply78,125,940.00 EURS
Total Supply78,125,940
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
ChatClick Here To Visit Chat
WhitepaperClick Here To View
Support24/7
Official Project Website Click Here To Visit Project Website

Mission

STASIS EURO (EURS) STASIS, pronounced stey-sis: In physics, stasis refers to the balancing of various forces in order to reach equilibrium or keep something in one place. Their tokenization services account for all the forces that affect a digital asset, from technology to corporate structure, from government relations to public relations. To do this, we’ve pulled together an ecosystem of licenced financial intermediaries, top law firms, and a top global accounting firm. Each party contributes to the ecosystem based on their own particular expertise, allowing us to create a comprehensive framework for tokenization and ensure that a digital asset mirrors its off-chain counterpart in the long run. Despite shifting regulatory and economic environments, the assets we tokenize stay the same; they’re in stasis.

EURS

The EURS stablecoin combines the benefits of blockchain technology with the reputation and relative stability of the euro. Most cryptocurrency holders are subject to significant volatility and counterparty risk. EURS mitigates these risks by letting users hold a stable digital asset, transparently backed by euro reserves.

GR & Advisory

STASIS EURO (EURS) In 2017, many governments recognized blockchain-related businesses as a source of substantial future tax revenues and started competing as blockchain-friendly legal infrastructures. The team behind STASIS intends to invest all of their experience to develop a comprehensive legal framework for asset digitalization.

Service Providers

STASIS works with the following service providers to ensure the highest level of institutional grade quality for the tokenization services. By partnering with various trusted custodians, as well as well-respected legal firms all over the world, we’re able to minimize risk for a wide range of investors.

What’s the algorithm used by STASIS?

STASIS EURO (EURS) Since the very beginning, we’ve been looking for a protocol that allows for trust quantification -CEO spoke about it in his TEDx talk. They decided not to create the own solution, but to go with the most popular DLT platform available nowadays – Ethereum. This is one of the most popular grounds for many projects and we went along with it when releasing the product.

What other types of strategies are you implementing to increase the network effect of STASIS?

The strategies they are pursuing include lending, remittance, acquiring and corporate settlements commercialization. They are also thinking of ways to improve user experience and customer-driven development.

Bit Go

STASIS EURO (EURS) is the market leader in institutional digital asset financial services, providing clients with security, compliance, custodial, and liquidity solutions. In 2018, the company launched the BitGo Trust Company, the first qualified custodian purpose-built for digital assets. The Kingdom Trust Company operates as a custodian and a non-depository trust company. The company provides custody solutions for individual investors, investment sponsors, family offices, advisory firms, and broker-dealers. Kingdom Trust serves clients worldwide and is based in the state of Kentucky.

Tokenization Platform

Tokenization is the process of representing a traditional asset on the blockchain. A tokenized asset can be instantly and directly transferred between parties, with ownership recorded on a distributed, universally accessible ledger. This removes the need for expensive middlemen, driving down transaction costs and deepening liquidity. It can also open asset classes to new groups of investors, who previously didn’t have access to the infrastructure needed to trade or hold them. STASIS is a full-stack, regulation-compliant tokenization platform. Along with our partners, we provide:

Token Design and Smart Contract Development

Token design and economics, with an audited smart contract to ensure on-chain security.

Smart Contract Creation

STASIS EURO (EURS) A secure process for minting and burning ERC20 tokens to represent reserve assets.

Custodial Services

Investment-grade custody of the digital assets we issue.

Third-Party Audits and Reserve Verification

STASIS EURO (EURS) An unrivalled level of transparency regarding the reserve accounts, including daily statements and regular audits by a top accounting firm.

Legal and Regulatory Expertise

Third-party legal opinions on the regulatory status of tokenized assets in various major jurisdictions, and well as in-house experts on regulation and government relations.

Market Making

STASIS EURO (EURS) Liquidity assurance operations ensure that investors can buy and sell tokenized assets on the market.

Tags: STASIS EURO (EURS) STASIS EURO (EURS) login STASIS EURO (EURS) review

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Denny Bitsong 08/06/2021
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