In this episode, Zypto Co-founder Joe Parkin interviews Alex from Stasis.net.
Joe and Alex explore the basic concepts of Stablecoins, take a deep dive into how Stasis issues and backs the $EURS stablecoin, and discuss various topics such as how stablecoins maintain a stable fiat value and CBDCs.
Enjoy the podcast and thanks for joining us!
Catch Crypto Made Easy by Zypto on the Following Channels
YouTube | Spotify |
Amazon | iTunes |
Castbox | Goodpods |
iHeart Radio | Overcast |
Pocketcasts | Pandora |
Blubrry | Podchaser |
Podcast Index | Deezer |
About Stasis EURS
STASIS Euro (EURS) is a stablecoin pegged to the euro, designed to provide a secure and efficient means of transacting with digital currency while maintaining the stability of the euro. Issued by the Malta-based fintech company STASIS, EURS was launched in 2018 on the Ethereum blockchain, marking it as the first euro-backed stablecoin.
The token is fully collateralized with cash, backed by euro bank deposits, ensuring a 1:1 value ratio with the euro. This stablecoin is integrated into various blockchains beyond Ethereum, including Polygon and Algorand, enhancing its accessibility and reducing transaction costs.
STASIS Euro has been recognized for its transparency, with regular audits conducted by BDO Malta and daily statements provided to ensure the backing of all tokens in circulation.
EURS aims to bridge the gap between traditional finance and decentralized finance (DeFi) by offering a stable alternative to USD-backed stablecoins within the digital asset sector. It supports a wide range of users, from businesses to individual traders, allowing them to manage digital currencies effectively.
By 2023, EURS had facilitated over 5.5 billion euros in on-chain transactions across 175 countries, establishing itself as a leading asset in the euro stablecoin market. The stablecoin’s ecosystem includes liquidity providers, custodians, exchanges, and payment platforms, which support its widespread use and integration into various financial systems.
Find out all about Stasis and $EURS at eurs.stasis.net.
About Crypto Made Easy
Join the Zypto team and very special guests as we dive into the exciting world of crypto, web3, blockchain and decentralised finance.
We cover our guests’ fields of expertise, including everything from the most basic concepts and terminologies to our guests’ specific mission in the sector and the speakers’ own views.
Whether you’re a total newcomer or a seasoned expert, the podcast is recorded in an easy-to-listen-to, conversational style that we’re sure you’ll love.
Crypto Made Easy by Zypto is recorded live in the @zyptoglobal Telegram group.
0 Comments