The latest example is from Malta where a company seeking a local crypto license has launched a Euro-backed stablecoin, EURS.
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Stasis Launches EURS
Stasis, a financial tokenization platform, has launched EURS, a new stablecoin built on Ethereum’s EIP-20 standard and claimed to be backed 1-for-1 by the Euro.
The EURS has begun trading on one exchange already, London-based DSX, and the company says that the order volume is projected to reach $ 500 million by year’s end.
The company adds that EURS was specifically developed to satisfy growing demand for cryptocurrencies from European institutional investors.
The post Malta-Based Company Launches New Euro Backed Stablecoin, EURS appeared first on Bitcoin News.
Stasis Launches New Currency Project EURUS On DSX Exchange The Stasis project of Malta recently launched a brand-new stablecoin, EURS, during an event at the Maltese Chamber of Commerce. In a sign of support for cryptocurrency market, the Prime Minister of Malta attended the launch, with President Marie-Louise Coleiro Preca posting pictures from the event […]
With all the controversy and mistrust surrounding Tether (USDT) it’s no surprise that a multitude of new alternatives have popped up recently. The latest example is from Malta where a company seeking a local crypto license has launched a Euro-backed stablecoin, EURS.
The first thing you learn when you spend too long around Bitcoin is that everyone has a chart that “always works”, and everyone has a scar from the last time it didn’t. This week’s chart is making the rounds again, it’s the one that tracks Bitfinex margin longs, and it’s flashing a familiar change in […]
The post Last time these whales did this Bitcoin surged to new highs but key data suggests messy weeks ahead appeared first on CryptoSlate.
The first thing you learn when you spend too long around Bitcoin is that everyone has a chart that “always works”, and everyone has a scar from the last time it didn’t. This week’s chart is making the rounds again, it’s the one that tracks Bitfinex margin longs, and it’s flashing a familiar change in […]
The post This Bitfinex whale “buy signal” is everywhere, but the real Bitcoin data suggests a much messier six weeks appeared first on CryptoSlate.
Solana price is showing bullish continuation after defending the 21EMA, with price structure and momentum aligning for a potential rally toward $156 resistance.
HBAR price has confirmed a double bottom reversal, with price reclaiming key support and positioning for a potential rally toward the $0.14 high-time-frame resistance.
Solana price has confirmed a bullish market structure shift after breaking a key lower-high sequence, with price action now positioning for a continuation toward $156.
Hyperliquid price remains under pressure after confirming another lower high, with bearish market structure keeping downside risk toward the $19 level in focus.
Chainlink price is holding a critical high-time-frame support zone, where a developing double bottom pattern could signal a potential macro trend reversal.
