Stasis: the stablecoin arrives on the bitcoin and EOS blockchains - The Cryptonomist

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As announced on Twitter by Stasis, the EURS stablecoin will arrive on the bitcoin and EOS blockchains thanks to a collaboration with Wanchain.

STASIS@stasisnet

$EURS can now be bridged from Ethereum to Bitcoin and EOS blockchains via @wanchain_org, a cross-chain network, which allows users move value between separate blockchains.https://medium.com/stasis-blog/eurs-now-available-on-wanchain-cb195b84e0a6 …

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1:03 PM - Jan 13, 2020

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In fact, the euro-pegged stablecoin is one of the most used on the Ethereum (ETH) blockchain, and, as announced by this news, it will also be available on the bitcoin and EOS blockchains thanks to the interoperability provided by Wanchain.

The CEO of Stasis, Gregory Klumov, has expressed his opinion on this collaboration:

“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”. 

Thanks to Wanchain it will be possible to develop and integrate the Stasis stablecoin within their dApps, allowing users to convert cryptocurrencies like ETH, BTC and EOS into the EURS stablecoin.

The EURS stablecoin is already active on the Wanchain blockchain and will be listed on Wanchain’s decentralized exchange (DEX), RiveX, with pairs listed on the platform such as WETH, WBTC, WEOS and other ERC20 tokens.

Thanks to Wanchain it will be possible to connect different blockchain and protocols, leading to a new digital economy, as stated by Wanchain’s communications VP, Oliver Birch:

“Wanchain’s vision has always been to connect all blockchains and assets, but with the integration of EURS, we are truly getting closer to the new digital economy that the whole DeFi industry has been working towards”. 

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