What is STASIS Euro? EURS
Between 2021 and 2022, EURS launched on blockchains other than Ethereum (including Polygon, Algorand, and Ripple), and a second version of the token (EURS v2.0) was launched. Per the company’s announcement, the cost of transactions was expected to be reduced by 20-35% with the improved smart contract code. By 2023, more than 5.5 billion euro of value had been transferred on-chain using EURS. The demand for EURS stablecoin is surging, driven by its integration into leading DeFi protocols such as Uniswap, Curve, CREAM, and yearn.finance. By functioning as a stable and transparent digital euro, EURS empowers users to transact, save, and invest in a euro-denominated environment without relying on traditional banks. STASIS EURO (EURS) is currently active and still traded on various exchanges, reflecting a stable demand in the market.
STASIS EURO Social Profiles
Guarda is a multi-platform wallet offering support for EURS and hundreds of other assets. It runs on web, desktop, and mobile and includes in-wallet staking, token swaps, and encrypted backups. EURS is available on multiple exchanges, including Bitfinex, HitBTC, and Changelly. These platforms provide trading pairs like EURS/USD and EURS/ETH, ensuring flexibility for users.
EURS is used for payments, stable euro transfers, DeFi investments, business transactions, and as a hedge against crypto market volatility—particularly for euro-based users. Coinbase Wallet is a standalone mobile and desktop wallet that gives users full control over their keys and assets. It supports EURS and other ERC-20 tokens, while offering simple DeFi connectivity and in-app dApp browsing.
The Future of EURS
Development is ongoing, with regular updates from the team, and the project maintains an engaged community presence. STASIS euro was launched on Ethereum in 2018 by a company called STSS Limited, more commonly called STASIS. The founder and CEO of the project is named Gregory Klumov, a serial investor and investment advisor. Early in its life, STASIS claimed several stakeholders, including a UK payment institution and brokerage companies across the world. The live STASIS EURO price today is $1.16 USD with a 24-hour trading volume of $24,796.14 USD.
- STASIS EURO (EURS) is currently active and still traded on various exchanges, reflecting a stable demand in the market.
- Optimizations within the Ethereum network are expected to further reduce costs, enhancing EURS’s practicality for everyday transactions.
- Transparency is maintained through daily reserve statements and regular third-party audits.
- Additionally, EURS is adopted by users who require a secure and compliant way to engage with the cryptocurrency ecosystem while maintaining exposure to the Euro.
- STASIS euro was launched on Ethereum in 2018 by a company called STSS Limited, more commonly called STASIS.
STASIS EURO priceEURS#278
- It supports over 600 cryptocurrencies, including EURS, and allows direct purchases using Apple Pay, Google Pay, and credit/debit cards in various fiat currencies (EUR, USD, INR, KZT, and more).
- The wallet also supports recovery via standard derivation paths, enabling compatibility with other wallet services like MetaMask and Ledger.
- By 2023, more than 5.5 billion euro of value had been transferred on-chain using EURS.
- The EURS token is deployed as an ERC-20 token on the Ethereum blockchain, which is secured by a proof-of-stake (PoS) consensus mechanism.
- After a prolonged decline in the crypto market, demand for the EURS stablecoin started to grow again in October 2023 as investors renewed their interest in cryptocurrencies.
STASIS Euro or EURS is a stablecoin linked to the exchange rate of the European Union’s national currency, the Euro (EUR). The EURS stablecoin was issued initially on the Ethereum blockchain by Maltese fintech company STASIS (STSS Limited) in 2018. According to STASIS’ claim, EURS was the first stablecoin in the crypto market to have its exchange rate pegged to the euro. Ledger’s hardware wallets (Nano S Plus, Nano X) offer cold storage for long-term crypto holders. Ledger’s high-security architecture makes it one of the safest ways to manage stablecoins, although it lacks eurs the convenience of real-time mobile apps.
This approach ensures strong network security and blockchain protection by leveraging a select group of validators to maintain the integrity of transactions and the overall system. The use of a regulated framework enhances trust and stability within the EURS ecosystem. According to CoinMarketCap, about 124 million EURS circulated on the market as of July 2024.
This backing is regularly audited, providing users with confidence in its stability and transparency. As a stablecoin, EURS eliminates the uncertainty of price fluctuations, enabling users to leverage blockchain technology without the typical risks of volatility. STASIS EURO (EURS) was developed by the STASIS team, led by Gregory Klumov, a blockchain and financial expert with extensive experience in asset management and cryptocurrency. Under his leadership, STASIS aims to bridge the gap between traditional finance and blockchain technology, offering solutions that address the needs of institutional and retail investors. Klumov’s vision emphasizes transparency, accountability, and the seamless integration of blockchain innovations into everyday financial operations.
This guide explains what EURS is, how it works, and how to buy and store it safely using modern crypto wallets in 2025. STASIS EURO (EURS) is built for investors and businesses seeking a stable digital asset that mirrors the value of the Euro. Its target audience includes those in the DeFi space looking for a reliable stablecoin for transactions, trading, and hedging against volatility. Additionally, EURS is adopted by users who require a secure and compliant way to engage with the cryptocurrency ecosystem while maintaining exposure to the Euro. SafePal is a hybrid solution that combines a mobile wallet with optional hardware integration for enhanced security.
With its focus on transparency, stability, and accessibility, STASIS EURO is well-positioned to play a significant role in the global adoption of blockchain technology. Expanding partnerships and integration with DeFi platforms are expected to further enhance its utility and adoption. The ongoing development of the EURS ecosystem underscores its potential to become a leading stablecoin for global financial solutions. This ensures compatibility with a wide range of decentralized applications (dApps) and wallets. Additionally, Ethereum’s immutable ledger enhances the token’s transparency, providing users with real-time access to transaction data.