{"id":6880,"date":"2019-07-09T15:08:38","date_gmt":"2019-07-09T12:08:38","guid":{"rendered":"https:\/\/forklog.media\/?p=6880"},"modified":"2019-07-09T15:08:38","modified_gmt":"2019-07-09T12:08:38","slug":"stasis-eurs-the-first-euro-pegged-stable-coin-listed-on-okcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/stasis-eurs-the-first-euro-pegged-stable-coin-listed-on-okcoin\/","title":{"rendered":"STASIS EURS, The First Euro-Pegged Stable Coin, Listed on OKCoin"},"content":{"rendered":"<p>OKCoin cryptocurrency exchange announced on Monday it has listed STASIS EURS (EURS), the first euro-pegged stable coin. Authorized OKCoin customers already can deposit and withdraw EURS, while trading is enabled in EURS\/USD, EURS\/EUR, and EURS\/BTC.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">Exciting news! <a href=\"https:\/\/twitter.com\/stasisnet?ref_src=twsrc%5Etfw\">@stasisnet<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24EURS&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$EURS<\/a>, the first euro-pegged <a href=\"https:\/\/twitter.com\/hashtag\/stablecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#stablecoin<\/a>, is now listed for deposit, withdrawal, and trading on the OKCoin exchange! <a href=\"https:\/\/t.co\/EtZ8aKvtQy\">https:\/\/t.co\/EtZ8aKvtQy<\/a><\/p>\n<p>\u2014 OKCoin (@OKCoin) <a href=\"https:\/\/twitter.com\/OKCoin\/status\/1148338298319974401?ref_src=twsrc%5Etfw\">July 8, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Launched\u00a0 <a href=\"https:\/\/www.globenewswire.com\/news-release\/2018\/07\/04\/1533269\/0\/en\/STASIS-launches-EURS-a-stablecoin-backed-by-the-Euro.html\" target=\"_blank\" rel=\"noopener noreferrer\">in 2018<\/a>, EURS is fiat-collateralized, making it a stable digital asset, with each unit transparently backed by euro reserves. The project\u2019s representatives believe that EURS token will mitigate volatility and draw more institutional investors to the cryptocurrency space while offering \u201ca compelling alternative to the USD-backed stable coins that currently dominate the market.\u201d<\/p>\n<p>In physics, stasis refers to the balancing of forces to create equilibrium. With the creation of EURS, the Malta-based STASIS Foundation seeks \u201cto balance the economic forces affecting the crypto market.\u201d<\/p>\n<p>They\u2019ve created an ecosystem of licensed financial intermediaries, top law firms, and global accounting firms. Together, these parties have enabled STASIS to create a comprehensive framework for tokenization that gives EURS the stability of its off-chain fiat counterpart, the Euro.<\/p>\n<blockquote><p><strong>\u201cBy listing EURS on their exchange, OKCoin has broadened access to our institutional-grade stable coin,\u201d <\/strong>explains Gregory Kulmov, STASIS founder and CEO,<strong> \u201cand at the same time taken a significant step toward increasing their reach in the European market, where institutional interest in digital assets will continue to grow. We\u2019re excited to be listed on their platform.\u201d<\/strong><\/p><\/blockquote>\n<p>According to Gregory Kulmov, STASIS also plans to launch a tokenized altcoin index which will allow investors to get differentiated exposure with a single trade.<\/p>\n<p>Prior to OKCoin listing, STASIS EURS has been available for trading at a limited number of exchanges, including HitBTC, DSX, Ethfinex, and Ukraine-based Kuna.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OKCoin cryptocurrency exchange announced on Monday it has listed STASIS EURS (EURS), the first euro-pegged stable coin. Authorized OKCoin customers already can deposit and withdraw EURS, while trading is enabled in EURS\/USD, EURS\/EUR, and EURS\/BTC.<\/p>\n","protected":false},"author":1,"featured_media":6882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"human_written","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[231,807,990],"class_list":["post-6880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-okcoin","tag-stablecoins","tag-statis"],"aioseo_notices":[],"amp_enabled":true,"views":"597","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/6880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=6880"}],"version-history":[{"count":2,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/6880\/revisions"}],"predecessor-version":[{"id":6883,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/6880\/revisions\/6883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/6882"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=6880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=6880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=6880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}