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.
The EURS digital asset which is pegged at a 1:1 level against the Euro has been recently introduced in Malta by a local crypto project called STASIS.
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