EURS From Stasis Joins SWFT Blockchain
The Euro stablecoin will be available to swap directly with over 130 other tokens on SWFT Blockchain.
February 19th, 2019 – On February 20th SWFT Blockchain will be adding trading support for EURS, the leading Euro stablecoin with a market cap of $34 million (at time of writing). SWFT Blockchain users will be able to complete direct in-wallet trades for EURS using 130 other coins in mere seconds, which will make trading EURS faster and easier.
Although many stablecoins, including USDC, DAI and GUSD, are already available among the SWFT Blockchain offering, EURS is another option for users who want to enter and exit their cryptocurrency positions without having to deal with the hassle of fiat conversions. European users of SWFT Blockchain will welcome the addition of EURS as it gets rid off layers of unnecessary difficulties in the process of buying or selling cryptocurrencies.
“Bringing EURS onboard will make it easier for Europeans to exchange value digitally while helping to eliminate some of the issues currently plaguing worldwide money transfers,” said SWFT Blockchain CFO Alex Witt.
Since its launch in July 2018, EURS has grown to a circulation of 30,979,207 EURS and up to the top 100 on CoinMarketCap.com, making it the top non-USD pegged stablecoin in the market. While popular among European cryptocurrency holders, EURS is also gaining recognition for being an easy-to-send, stable storage of value in countries where the local currency may be volatile. For example, immigrants working in the European Union getting paid in Euros can now, through EURS send money back to their families in a fast, reliable, and super low-cost way.
Overall, while SWFT Blockchain opens doors for EURS holders by making sending, buying, selling, and, soon, paying easier, EURS is an important new addition for SWFT Blockchain users looking for a stable storage of value without having to leave their wallet or switch back to fiat. SWFT Blockchain is a next generation worldwide cross-chain transfer protocol and payment network.
About SWFT Blockchain
SWFT Blockchain’s technology combines blockchain, machine learning and big data to enable direct swaps between over 120 cryptocurrencies. SWFT Blockchain’s one-click cryptocurrency transfer platform and wallet app offers one-click in-wallet transfers, decentralized transfers, and price limit orders, offering a fast, affordable, and secure crypto transfer experience. SWFT Blockchain has received funding from top VCs, including Draper Dragon.
Stasis is a tokenization platform designed to bridge the gap between traditional finance and cryptocurrency markets. Its first product, EURS, is a fully collateralized, europegged stablecoin. Launched in July 2018, EURS currently has a market cap of over €30 million and is a top 100 digital asset by market cap. To download the STASIS Wallet, click here.