1H
-0.08%$0.0009
24H
-0.22%$0.0026
7D
1.43%$0.0166
30D
1.26%$0.0147
The STASIS ecosystem implements frameworks aimed to merge the benefits of new digital assets and the best features of traditional ones. The stability of conventional finance meets the transparency, immutability, and transactional efficiency of the blockchain in the form of the EURS token, mirroring the euro on-chain and engaging liquidity assurance mechanics.It is possible to generate EURS via securities instead of currencies and vice versa. This way, users will not engage in bank level transactions. Instead, they will receive EURS for selling securities to liquidity providing partners of STASIS. EURS is the EURO currency tokenized on a blockchain, whose value is tied to the value of its collateral.
Here we’ll have a deeper look at Binance USD (BUSD) – fiat-backed stablecoin that was the first to receive regulatory approval from the New York State Department of Financial Services.
The guide gives a clear picture of Vega Protocol that strives to be one of the core infrastructures of decentralized finance, just like Ethereum. It aims to build tools that guarantee the freedom to trade and make that freedom accessible to anyone on earth.