STASIS, a leading provider of euro-pegged stablecoins and responsible for EURS, has implemented the Stellar Blockchain. By enabling the Stellar Blockchain, STASIS will introduce the latest digital form of the second most popular currency on the Stellar network. This will help improve access to reliable and transparent euro-denominated stablecoins.
The Stellar network is a blockchain specifically designed to enable efficient, low-cost, and instant transactions. The organization’s decentralized protocol allows for easy cross-border transactions between individuals, institutions, and payment mechanisms. However, volatility makes it difficult to regularly transfer cryptocurrency, especially for daily use. This problem is solved by joining STASIS EURO (EURS) to Stellar.
Stablecoins, according to Denelle DIXON, CEO and executive director of the Stellar Development Foundation, are vital to the connections of international financial institutions. Their organization values EURS, one of the most famous stablecoins pegged to the euro. Connected developers will have access to a variety of capabilities, accelerating innovation and improving connectivity to the global financial arena.
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