PARIS — STASIS, the technology provider and issuer of the most widely used Euro-backed stablecoin, EURS, raises the bar on crypto-finance gateways by launching STASIS Wallet equipped with SEPA (Single Euro Payments Area) integration, to establish a frontend solution for licensed financial services in Europe.
“STASIS Wallet is more than just another mobile app. With it, we aim to bring licensed fintech service companies to the cryptocurrency market and enable them to experiment with using crypto for its operations without any regulatory or safety concern,” said Gregory Klumov, Founder and CEO of STASIS.
STASIS wallet’s API allows for financial institutions to interact seamlessly between capital and digital asset markets without regulatory hardships or legal problems. The non-custodial solution developed by the Malta-based company allows adding many services with a high degree of usability for licensed players to the wallet.
With this user-friendly wallet interface in place, STASIS aims to provide institutional investors with access to the new digital asset class ushered in by cryptocurrencies.
Currently, the wallet offers 4 key features: the buying of EURS via SEPA; the selling of EURS by SEPA; the purchase of EURS by a credit card and finally, the deposit of Bitcoin and Ethereum to the lending platform.
In addition to being traded as euros, EURS can be issued in exchange for securities, which are purchased by STASIS’ liquidity providers. EURS can be purchased through STASIS’ network of partners and exchanges that include Changelly, Bitfinex, OKcoin, VirgoCX, Gozo, Globitex, Aximetria and more.
STASIS is a technology provider that creates, governs, integrates, and audits fiat-backed digital currencies, known as stablecoins. It issues the most widely used Euro-backed stablecoin with the highest transparency standard in the digital asset industry. The company’s vision is to streamline the inefficiencies of the global financial ecosystem, bridging the gap between decentralized finance and the off-chain market.