Published on July 12th, 2018 | by bitcoin0
Maltese Crypto Outfit Stasi introduces new euro-backed euro static
A Maltese cryptocurrency project called STATIS that has an aim to bridge the gap between the decentralized cryptocurrency market and the traditional financial system has launched a new Euro-pegged stablecoin.
And recently, as we have already mentioned, STASIS has introduced its new digital currency project called EURS, pegged to the Euro at a ratio of 1:1.
EURS is a decentralized stablecoin that is hosted on Ethereum protocol.
Such a stablecoin as EURS can ensure more confidence for investors during prolonged periods of cryptocurrency market volatility.
TrueUSD (TUSD) is also a comparatively new stablecoin that can be redeemed 1-for-1 for US dollars.