STASIS, a prominent provider of euro-backed stablecoins known for EURS, has integrated the Stellar Blockchain. This integration introduces the latest digital version of the second most widely used currency to the Stellar network, enhancing access to reliable and transparent euro-denominated stablecoins.

The Stellar Blockchain, designed for efficient and instant transactions, facilitates international transactions seamlessly among individuals, institutions, and payment systems. However, the volatility of regular cryptocurrencies poses challenges for everyday use, which is addressed by the inclusion of STASIS EURO (EURS) in the Stellar network.

By launching EURS in 2023, STASIS solidified its position as a leader in the euro stablecoin market, serving diverse users such as businesses, traders, and merchants across 175 countries. STASIS' efforts in multi-chain development led to the incorporation of Stellar, expanding the user base for EURS and enhancing connectivity with the Stellar ecosystem.

According to Denelle Dixon, CEO of the Stellar Development Foundation, stablecoins like EURS play a crucial role in connecting international financial institutions. EURS, recognized as one of the top stablecoins pegged to the Euro, offers developers connected to the Stellar network various options for innovation and connectivity with the global financial landscape.

STASIS EURO, a licensed euro stablecoin, boasts a significant presence, with over 68 euros transacted on-chain across various leading blockchains. All EURS assets maintain a 1:1 support ratio with liquid euro balances, backed by reserves held with the Lithuanian Central Bank. The integration of EURS with the Stellar network provides companies and developers with a fast, cost-effective, and reliable international euro digital currency solution.

Headquartered in Europe, STASIS develops customer-centric tools empowering institutional and retail clients with control over public blockchains and digital currencies for various applications, including e-commerce, DeFi, payments, and settlements. EURS, maintained by STASIS, is a licensed stablecoin in the euro denomination accessible in 175 countries, with auditing conducted by BDO, a globally recognized firm.

The Stellar network, designed for financial products and solutions, offers a decentralized and upgradable blockchain optimized for payments, with low fees and fast transactions that scale with increased usage. International institutions utilize the Stellar network for asset issuance and payment settlements.