STASIS and Thovt Forge Partnership
Boosting Asset Tokenization with EURS Stablecoin
As the RWA trend continues to advance globally, more platforms emerge to support this field, and the surge in use cases rises. STASIS, the largest euro stablecoin provider, continues to connect with RWA platforms to enable a broader global coverage and reach to more users. The latest addition to EURS Network is Thovt, an Egypt-theme-based RWA marketplace. Let’s delve deeper into the subject matter!
EURS: A Front-runner in Web3-Enabled Stablecoins
EURS distinguishes itself as a premier non-USD stablecoin worldwide, offering investors the opportunity to leverage the burgeoning potential of digital assets within the fintech industry. Pegged directly to the Euro on a 1:1 basis and providing zero transaction fees on initial purchases, EURS serves as a dependable and cost-efficient alternative to its USD counterparts. Supported by solid financial assets and bolstered by a robust quad-layer verification system, EURS delivers unparalleled transparency and stability.
Principal Attributes of EURS
- True Euro parity with a 1:1 exchange rate
- No fees on the initial purchase; subsequent purchases attract a fee starting at 0.1%
- Initial EURS purchases can be made using SEPA or SWIFT
- Future purchases facilitated through Visa and MasterCard
- A credible Euro-based cryptocurrency alternative to USD stablecoins.
Thovt’s Blueprint for Tokenizing Real-World Assets
Thovt is dedicated to broadening access to premium, income-producing tangible assets via blockchain. This is achieved by enabling fractional ownership in properties like real estate and equity investments, thus expanding the investor base.
Powered by EURS, the EURS Network comprises an interconnected array of crypto exchanges, financial platforms, and digital wallets. This network is designed to augment the functionality and user-friendliness of the EURS stablecoin across various financial transactions.
Through this partnership, Thovt and STASIS are committed to spearheading innovations, enhancing joint marketing efforts, and pioneering new technology developments that will influence the future of digital assets.
STASIS maintains a robust legal foundation within the EU and Switzerland, and it is celebrated for its nearly six years of stringent regulatory adherence. This proactive compliance stance complements Thovt’s dedication to operating within legal frameworks.
EURS by the Numbers
- Nearly 6 years in the marketplace
- €5.5 billion transferred on-chain
- €124 million in peak circulation
- Servicing legally 175 countries via https://scb.io/
- Over 250,000 bank transfers with zero failures
- More than 50 partners in its network
Partnership Summary
As EURS continues to solidify its place in the stablecoin market, its unique position as a non-USD stablecoin enriches the fintech landscape by offering a viable and trustworthy alternative for global investors. The impact of EURS is not only reflected in its significant on-chain transactions and global reach, but also in its contribution to making complex financial services more accessible and secure for a diverse global audience. This partnership and the continuous evolution of EURS promise to advance the practical applications of cryptocurrency, influencing the broader landscape of digital finance and asset management. Moving forward, the trajectory of EURS and its integrated network is expected to catalyze further developments, making a significant imprint on the future of decentralized finance.
About Thovt
Thovt is a platform for real-world asset tokenization, enabling fractional ownership of assets such as real estate and private equity. By leveraging blockchain technology, Thovt aims to democratize access to high-quality, yield-generating assets and provide a seamless investment experience for its users.
To learn more about Stasis and EURS, check out the links below:
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To learn more about Thovt, please visit:
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