Recently, the technology provider STATIS made an announcement regarding EURS, an Euro-backed stablecoin which can now be bridged from Ethereum to Bitcoin and EOS via Wanchain
allowing users to move value between separate blockchains. Gregory Klumov, Founder and CEO of STASIS has shared his point of view about this major news :
The latest collaboration with Wanchain represents a perfect opportunity for our company to expand fungibility to achieve a network effect. Moreover, we provide our users with enhanced and mutually beneficial cryptocurrency experience
This new cooperation will allow Wanchain developers to integrate EURS into their own dApps and enable users to seamlessly convert cryptocurrencies like ETH, BTC, and EOS to a stablecoin with simplicity.
About EURS and Wanchain
STASIS’ EURS is already live
on Wanchain’s mainnet and after the decentralized exchange launch investors will be able to use it directly. EURS will initially be listed on Wanchain’s DEX as a trading pair with RiveX, a decentralized enterprise economy supported by three main pillars such as Blockchain as a Service (BaaS), Enterprise Solutions, and Decentralized Finance (DeFi). RiveX is a scalable layer-2 on-chain and off-chain solution on Wanchain protocol and private chains, which combines the strength and virtues of both public and private chains to empower a scalable enterprise economy and decentralized finance accessible to everyone.
Furthermore, EURS will initially be listed on Wanchain and Rivex’ DEX as a trading pair for WETH, WBTC, WEOS, and a combination of ERC-20 assets. The WRDEX is the first smart-contract cross-chain DEX in the space, allowing users to trade highly liquid assets such as BTC, ETH, EOS in a completely decentralized way directly from users wallets.
More details about this news can be found on both Wanchain and Statis sites at https://stasis.net/