STASIS EURO

About STASIS EURO

STASIS EURO (EURS) is a stablecoin that is pegged to the Euro and built on the Ethereum blockchain, providing a digital representation of the Euro with a 1:1 backing ratio. It aims to offer the stability of traditional currencies while leveraging the efficiency and transparency of blockchain technology.

How to buy $EURS with a payment card

1. Enter the amount of $EURS and fiat currency that you wish to purchase.

2. Verify your phone and email.

3. Enter or create $EURS wallet

You are given the option to enter your $EURS wallet address or create one using the Swipelux widget.

4. Pass KYC flow

This verification process helps protect you from fraud and other malicious activities.

5. You're now ready to buy $EURS with a credit and debit card.

$EURS risks

1. Regulatory and Legal Risks: The cryptocurrency market, including stablecoins like EURS, is subject to evolving regulatory frameworks in different jurisdictions. Changes in regulations or legal restrictions on the use, issuance, or trading of stablecoins could impact the adoption and liquidity of EURS. It's important to stay updated with the regulatory landscape and ensure compliance with applicable laws and regulations.

2. Volatility Risks: While EURS is designed to maintain a stable value pegged to the Euro, there is still a possibility of price fluctuations due to factors such as market demand, changes in the value of the underlying assets, or market sentiment. Investors and users should be aware that EURS may not always maintain a perfect 1:1 peg with the Euro and may be subject to price volatility.

3. Counterparty Risks: As a stablecoin, EURS relies on the assets backing it to maintain its value. There may be risks associated with the issuer or custodian of these assets, such as credit risk, default risk, or operational risks. Users should carefully evaluate the credibility and reliability of the issuer and custodian to assess the counterparty risks associated with EURS.

4. Technology Risks: EURS operates on the Ethereum blockchain, which is subject to risks such as technical vulnerabilities, network congestion, or potential hard forks. These risks could impact the functionality, security, and availability of EURS, and users should be aware of the potential technology risks associated with the token.

5. Liquidity Risks: The liquidity of EURS may be impacted by market demand, trading volume, and adoption on exchanges. If there is insufficient liquidity or trading activity for EURS, it could result in challenges in buying, selling, or exchanging the token at desired prices. Users should consider the liquidity risks and assess the availability of trading markets for EURS.

6. Market Risks: The cryptocurrency market, including stablecoins, can be highly speculative and subject to market risks such as price manipulation, sudden price fluctuations, and market sentiment. These risks could impact the value and stability of EURS and should be taken into consideration when using or investing in the token.

$EURS analytics

Market Position and Adoption: STASIS EURO (EURS) is currently ranked #233 among cryptocurrencies on popular tracking websites, with 5,473 watchlists on stasis.net. The token is primarily built on the Ethereum blockchain and has explorers, source code, and contracts available for community review. EURS is classified as a stablecoin and is backed by assets, with a current price of $1.08, a 24-hour volume of $3,439,050, and a market capitalization of $134,565,181. The circulating supply of EURS is 124,125,940, with no information available on the maximum supply.

Technology and Platform: EURS operates on the Ethereum blockchain, which provides a secure and decentralized platform for transactions and smart contracts. The token is based on the ERC20 standard, which ensures interoperability and compatibility with other Ethereum-based projects. Users can interact with EURS through wallets and exchanges that support ERC20 tokens, and the token can be transferred, traded, or used for transactions on blockchain platforms that accept stablecoins.

Team: There is no specific information available on the team behind EURS or the STASIS project. It's important for investors and users to conduct their own research on the team's background, expertise, and track record to assess the project's credibility and potential for success.

Competition: As a stablecoin, EURS competes with other similar stablecoins in the market that aim to provide a stable store of value and a medium of exchange within the cryptocurrency ecosystem. Some notable competitors of EURS may include other popular stablecoins such as Tether (USDT), USD Coin (USDC), and Dai (DAI), among others. The stablecoin market is highly competitive, with various projects vying for market share based on factors such as liquidity, transparency, security, and adoption.

Supply: The circulating supply of EURS is currently 124,125,940 tokens, with no information available on the maximum supply. As a stablecoin, EURS is designed to maintain its value pegged to the Euro, and the supply is typically adjusted based on market demand and the underlying assets backing the token. Transparency and auditability of the token's supply are important factors for investors and users to consider when evaluating the stability and reliability of a stablecoin.

Potential market development triggers

Increased Adoption in E-commerce and Online Payments: If more merchants and online platforms start accepting EURS as a payment method, it could drive increased adoption of the token. The convenience and stability of a Euro-backed stablecoin like EURS could make it an attractive option for e-commerce transactions, particularly for cross-border payments, where traditional payment methods may be slow or costly.

Partnerships with Financial Institutions: Collaborations with established financial institutions, such as banks or payment processors, could provide EURS with increased legitimacy and wider acceptance. Integration of EURS into existing financial infrastructure, such as remittance services or payment gateways, could expand its use cases and potentially drive demand for the token.

Regulatory Clarity and Support: Clear and favorable regulatory frameworks around stablecoins, including EURS, could provide a supportive environment for market development. Regulatory clarity, with recognition and acceptance of stablecoins by financial authorities, could encourage more users and investors to trust and adopt EURS, leading to increased demand and market growth.

Increased Fiat On/Off-Ramps: Simplified and efficient options for converting EURS into traditional fiat currencies, and vice versa, could facilitate easier entry and exit points for users, making EURS more accessible and convenient. The availability of reliable and secure fiat on/off-ramps, such as exchanges or payment processors, could promote wider adoption of EURS and attract more users.

Expansion to New Geographical Markets: Expanding the availability and adoption of EURS to new geographical markets, particularly in regions with limited access to stable financial systems, could drive market development. Inclusion of EURS in regions with high remittance flows or currency volatility could provide a compelling use case for the token and lead to increased adoption.

Improved User Experience and Security: Enhancements in user experience, such as user-friendly wallets, improved security measures, and ease of use, could attract more users to adopt EURS. Ensuring that EURS remains stable, secure, and easy to use can contribute to its market development and wider acceptance among users.