Review on STASIS EURO by jesus ruiz
STASIS EURS, stable currency backed by the Euro
The STASIS platform developed EURS to represent a real-life asset, the Euro (a fiat currency circulating in the European community), on the blockchain.
By combining an unalterable record with the speed of transacting and accessibility of Blockchain technology, with the traditional assets of the financial world, liquidity can be improved and intermediaries can be cut out when transacting and smart contracts, which are currently required in global finance. The EURS token combines the benefits of blockchain technology with the reputation and stability of the Euro.
This type of token is essentially used by cryptocurrency holders who wish to maintain their financial resources without worrying about the constant variations experienced by traditional cryptocurrencies on the Blockchain. EURS reduces these risks by allowing users to have a stable token, backed by reserves in euros.
In countries with very high inflationary rates, EURS represents a good alternative for safeguarding finances either in the form of savings or with smart contract investments. EURS can become for these people a secure access to a stable store of value.
This token is backed by an ecosystem of liquidity providers, custodians, exchanges, payment platforms and others. In addition to the direct issuance of STASIS.
Today's STASIS EURS price is $1.18 USD with a market capitalization of $55,974,602 USD.
Pros
- Essentially backed by a solid asset such as the EURO, in addition to the backing obtained by the entire European community.
- It guarantees you a stable currency, which will not suffer volatile variations on the Blockchain.
- It is audited quarterly by an external auditing company.
- Ideal to keep your savings or make investments in countries with high inflationary index, in order to protect the finances of its users.
Cons
- none at this time
