RATE Group | Malta Crypto Startup Launches Stable Cryptocurrency EURS
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Malta Crypto Startup Launches Stable Cryptocurrency EURS

26 Jul Malta Crypto Startup Launches Stable Cryptocurrency EURS

Posted at 00:46h in Cryptocurrency News by

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stable cryptocurrency EURS to combat market volatilityStasis, the Malta-based crypto startup, launches a stable cryptocurrency EURS, designed to counter the volatility of crypto portfolios and become the “backbone of the crypto-economy.”

The EURS token is a digital financial asset, designed to digitally mirror the euro, providing its value is tied to the value of its collateral. EURS is aimed at delivering the increasing demand from European institutional investors for cryptocurrencies. The digital coin will provide a reliable platform despite periods of heavy volatility within the crypto market. EURS also offers free off-chain assets transfer via a blockchain.

Gregory Klumov, founder and CEO of Stasis spoke of the importance for transparency within the cryptocurrency market.

“We received a lot of interest from institutional investors – these want transparency and security first and foremost. There are also those investors who want to reduce the volatility of their portfolios and are looking for a stable…

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