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How it works

STASIS merges the benefits of new digital and the best features of traditional assets. The stability of conventional finance meets the transparency, immutability and transaction efficiency of the blockchain as we generate EURS token, mirroring euro currency onchain and engaging liquidity assurance mechanics.

It is possible to generate EURS via securities instead of currencies, and vice versa. This way users will not engage in bank level transactions. Instead, they will be receiving EURS for selling securities to liquidity providing partners of STASIS.

STASIS brings liquidity cushion to the markets, as EURS market depth potential is incomparably wider than of any regular crypto-asset. Cryptocurrencies are limited by their circulating supply and current free float that might appear insufficient for a desired amount of investment. On the other hand, STASIS can tokenize any amount of capital.

STASIS utilizes the Ethereum blockchain recognized by the professional community as the most reliable network ever created. The cost of compromising a transaction has been estimated at several billions of euro.

EURS smart-contract is fully compliant with EIP-20 Ethereum standard and is the first stable coin to introduce delegated payments. It is a notable improvement in terms of payment convenience to its holders. Until EURS, holders of any Ethereum-based asset had to keep GAS inventories as all transactions in the Ethereum blockchain require GAS-denominated fees. In the STASIS smart-contract GAS fees are no longer a part of a tokenholder’s operations.

Our reserves are verified quarterly by a reliable third party, while on-chain asset balances are transparent by design.

Use Cases

  • A sound solution to control volatility of digital assets

    EURS stable coin implies the rescue from the high volatility of cryptocurrency markets being collateralized by low volatility euro currency.

  • Effective cross-border transactions

    EURS is convenient for moving capital across borders. It combines stability and reliability of traditional currencies with blockchain advantages like faster transaction processing and middlemen removal.

  • Tokenization of any financial asset on the blockchain

    The euro and other national currencies are not the only type of asset that STASIS can tokenize on the blockchain. Provided that there is a demand, we can convert securities and other assets.

  • A gateway for institutional capital to enter cryptocurrency markets

    EURS’ investment potential is incomparably wider than of any regular crypto-asset. We can bring any amount of traditional currency on-chain through EURS issuance, while cryptocurrencies are limited by their circulating supply and current free float that might appear insufficient for a desired amount of investment.