2018-7-29 14:08 |
Just in a few days of its launch, Euro-pegged stablecoin EURS is gaining enough popularity as one of the largest digital currency exchange’s HitBTC has added support for the token.
The EURS stablecoin was launched earlier this month by Malta-based cryptocurrency project STASIS with an aim to bridge the gap between the traditional financial system and the decentralized cryptocurrency market.
The institutional demand for the stablecoin seems to be genuine as it makes its way to HitBTC with the world’s first crypto EUR to crypto USD pair going live for trading.
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— HitBTC (@hitbtc) July 23, 2018
In its official blog post, HitBTC appreciated STASIS for taking up this initiative and understanding the market demand.
He added:
“We sold $2 million worth of EURS today and this HitBtc development continues to check further boxes in our attempt to become the stablecoin for investors and money market operators”.