SEPOY.net
No Result
View All Result
Saturday, June 14, 2025
  • Home
  • News
  • Business
  • Health
  • Tech
  • Lifestyle
  • Economy
  • Crypto
  • Travel
  • Home
  • News
  • Business
  • Health
  • Tech
  • Lifestyle
  • Economy
  • Crypto
  • Travel
No Result
View All Result
SEPOY.NET
No Result
View All Result
Home Crypto

Ripple integrates a major euro stablecoin, the EURS

Nicholas by Nicholas
November 2, 2022
in Crypto
0

STASIS’s EURS is one of the biggest euro stablecoins around, and it caught the attention of Ripple (XRP). The company has just announced that it is integrating the stablecoin into Ripple Ledger, its public blockchain. What arouses interest in a stable asset based on the euro?

READ ALSO

Sharplink buys hundreds of millions of dollars from Eth, his course collapses – why?

Coinbase unveils a crypto payment card with Bitcoin cashback

Ripple intègre un stablecoin euro majeur, l’EURS

Ripple Ledger integrates STASIS EURS

As a press release from STASIS points out, the EURS was thought of as a “multi-chain” stablecoin. Its integration with XRP Ledger is therefore in line with its ambitions, which can be compared to Tether (USDT) on the dollar stablecoin side. Until now, however, its EURS was mainly on Ethereum (ETH) and its consorts Arbitrum, Matic and XDai. We also noted its launch on Algorand (ALGO).

👉 How to buy Ether (ETH)? follow the leader

From now on, the EURS will be available on the Ripple blockchain. The STASIS teams explain this choice by the performance of the latter:

“We found that [XRP Ledger] is a blockchain that provides significant benefits like advanced scalability, improved speed, and reduced costs.»

What also interests STASIS is of course Ripple’s connections with companies and institutions. For the moment, no euro stablecoin has indeed really broken through, unlike the dollar stablecoins which are particularly scrutinized at the moment. And STASIS considers that its EURS has all the advantages to make a name for itself:

“EURS has found its place as a trusted asset in the euro stablecoin segment, who sees very few competitive Fintech products.»

👉 To go further – Stablecoin, all about this type of cryptocurrency

The No. 1 exchange in the world – Regulated in France

10% off your fees with code SVULQ98B 🔥

Investing in cryptocurrencies is risky (learn more)

Really the biggest stablecoin?

The STASIS press release states that the EURS is “largest stablecoin” from the moment. But according to data published by CoinGecko, EURS remains overtaken by Tether’s EURT, which has a capitalization of more than 200 million euros, against 122 million for its counterpart at STASIS. Note, however, that the transaction volume of the EURS is higher (6.4 million euros against 2.3 million for the EURT). Figures that differ at CoinMarketCap, where the EURT is listed with a capitalization of 39 million euros.

Still, STASIS shows its ambitions. The cryptocurrency markets will they eventually turn more to euro stablecoins ? That remains to be seen, in an ecosystem where dollar stablecoins are king.

👉 More info on Tether and its stablecoins

Join Experts and a Premium Community

PRO

Invest in your crypto knowledge for the next bullrun

toaster icon

Sources: Stasis via Medium, CoinGecko

Newsletter 🍞

Receive a summary of crypto news every Monday by email 👌

What you need to know about affiliate links. This page presents assets, products or services relating to investments. Some links in this article are affiliated. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to offer you original and useful content. There is no impact on you and you can even get a bonus by using our links.

Investments in cryptocurrencies are risky.Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.

author profile picture

Journalist at Cryptoast, I fell into the pot of cryptocurrencies a few years ago. I am passionate about the innovative technologies that stem from the blockchain and I like to find the most crispy information to share with you.

Marine Debelloir

2175 items

Source

Related Posts

Sharplink buys hundreds of millions of dollars from Eth, his course collapses – why?
Crypto

Sharplink buys hundreds of millions of dollars from Eth, his course collapses – why?

June 13, 2025
Coinbase unveils a crypto payment card with Bitcoin cashback
Crypto

Coinbase unveils a crypto payment card with Bitcoin cashback

June 13, 2025
Last chance of receiving $ 20 from soil with the Solana edition of Ledger Flex
Crypto

Last chance of receiving $ 20 from soil with the Solana edition of Ledger Flex

June 13, 2025
$ 1.14 billion in liquidations: Cryptos accuse the blow after the strikes of Israel in Iran
Crypto

$ 1.14 billion in liquidations: Cryptos accuse the blow after the strikes of Israel in Iran

June 13, 2025
After the announcement of an XRP cash of $ 500 million, this company drops 38 % on the stock market
Crypto

After the announcement of an XRP cash of $ 500 million, this company drops 38 % on the stock market

June 12, 2025
France: Discover Hyli, the blockchain that launches its public testnet today
Crypto

France: Discover Hyli, the blockchain that launches its public testnet today

June 12, 2025
Next Post

The film "Amsterdam" by David O. Russel is a real cinema masterpiece

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About

Sepoy.net is a perfect place for people who want daily updates on news related to business, technology, entertainment, health, cryptocurrency etc.

Contact: hello@sepoy.net

Major Categories

News

Business

Tech

Economy

 

Recent Posts

  • Adept of Spades Mobile Gambling 21 Prive mobile casino android establishment Get Fun Casinos South Yorkshire
  • Dies Casumo Erreichbar Kasino inoffizieller mitarbeiter Test Casino book of ra novomatic 2025 1 200 Provision!
  • Buffalo Queen Demonstration Enjoy 100 percent free Position Games

Pages

  • About Us
  • Contact Us
  • Disclaimer
  • DMCA
  • Home
  • Privacy Policy

© 2023 Sepoy.net

No Result
View All Result
  • Home
  • Business
  • News
  • Health
  • Tech
  • Science
  • Lifestyle
  • Travel

© 2023 Sepoy.net