Stasis is a European financial technology platform launched in 2018 to connect traditional finance with decentralised systems through stablecoin infrastructure. It offers a service framework called "Stablecoin-as-a-Service", aggregating regulated financial intermediaries to enable compliant issuance of digital assets backed by fiat reserves. The project operates under the Stasis Foundation, headquartered in the Isle of Man, with operational leadership and reserve management conducted by STSS Malta. The platform is built to support both consumer-facing and institutional use cases, including payments, digital settlements, and DeFi integrations.

Stasis supports its ecosystem with daily reserve reporting, regular third-party audits, and an on-chain transparency structure. Its service model also includes white-label technology solutions and reserve management offerings for other firms seeking to issue or interact with fiat-backed digital assets.

EURS is a fiat-collateralised stablecoin issued by Stasis and pegged 1:1 to the euro. It is fully backed by liquid euro reserves held with regulated institutions and managed by STSS Malta. The token is available on multiple blockchain networks including Ethereum, Polygon, Algorand, XRPL, and XDC, and is also accessible via bridges such as Arbitrum and Gnosis Chain.

EURS was developed to provide a euro-denominated stablecoin with full transparency, targeting both retail users and financial institutions. All issued tokens are supported by daily reserve statements, quarterly verifications, and annual audits conducted by third-party providers such as BDO. This audit framework allows verification of the total supply against underlying euro holdings.

EURS functions as a digital euro and is used across a variety of applications:

• Payments and remittances: Enables low-cost, cross-border transactions without reliance on traditional banking infrastructure.
• Store of value: Offers a stable digital asset alternative for holding funds, especially in volatile crypto environments.
• Hedging: Can be used to manage exposure in trading strategies where euro-denominated stability is required.
• DeFi integration: EURS is supported by decentralised finance protocols for staking, lending, liquidity provision, and yield generation.
• Enterprise finance: Used by organisations for payroll, treasury management, and settlement in both crypto-native and traditional sectors.

The token is also integrated into the Stasis Bridge to facilitate cross-chain value transfer in a capital-efficient manner.

EURS maintains its 1:1 peg to the euro through full reserve backing in liquid euro accounts. These reserves are held at selected partner institutions and managed with the approval of the Stasis Foundation. The stability mechanism does not involve algorithmic models or overcollateralised crypto assets.

Transparency is enforced through a four-tier audit structure:

1. Daily reserve account statements
2. Quarterly third-party verifications
3. Annual financial audits
4. On-demand attestations for institutional clients

All circulation data is available on-chain and verified against reserve balances, ensuring public accountability.

The Stasis Wallet is a non-custodial mobile wallet built by the Stasis team to support EURS and selected digital assets such as Bitcoin, Ethereum, USDT, USDC, and DAI. It is designed to give users full control over their private keys and supports the following features:

• Multi-asset support: Enables sending, receiving, and swapping major cryptocurrencies and stablecoins.
• Delegated transfers: Users can pay Ethereum gas fees using EURS or ETH.
• DeFi connectivity: WalletConnect support enables interaction with DeFi protocols directly from the app.
• Security: Private keys are encrypted and stored locally; users maintain sole ownership.

The wallet also supports recovery via standard derivation paths, enabling compatibility with other wallet services like MetaMask and Ledger.