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.
As market volatility and liquidity fragmentation persist, OTC desks are increasingly used by large traders to execute crypto transactions without disrupting public markets.
On the day Bitcoin finally punched through $100,000, a lot of people did the same thing. They screenshotted it. They sent it to group chats, posted it with rocket emojis, and pulled up old tweets from 2021 to dust off the victory laps they had been saving for years.
On the day Bitcoin finally punched through $100,000, a lot of people did the same thing. They screenshotted it. They sent it to group chats, posted it with rocket emojis, and pulled up old tweets from 2021 to dust off the victory laps they had been saving for years.
Hedera (HBAR) price continues to trade under sustained downside pressure, with technical signals pointing to an elevated risk of capitulation if key support levels fail to hold.
