Hex Trust Enables Custody For STASIS EURO (EURS) Stablecoin

Hong Kong, Hong Kong, November 14th, 2023, Chainwire

STASIS, the European fintech firm behind the oldest EURO stablecoin EURS, introduced the brand new integration with acknowledged digital asset custodian Hex Trust as we speak. This integration allows Hex Belief to supply custodial companies with EURS to its shoppers and reinforces Hex Belief’s ambition to diversify its digital belongings providing. 

Efficient instantly, Hex Belief will permit its shoppers to securely retailer and handle EURS belongings through their Hex Belief Custody answer. “We imagine that this integration highlights the rising significance of EURS inside the stablecoin realm. Main cryptocurrency gamers anticipate the demand for non-USD stablecoins to develop, and at STASIS, we strongly align with these predictions. This integration is a proof of that as our partnership with Hex Belief bolsters the growth of the EURS Community, which brings collectively a various mix of crypto exchanges, DEXs, wallets, fiat on/off ramps, and varied different companies. We’re excited to workforce up with Hex Belief and allow top-tier EURS custody to Hex’s enterprise shoppers,” stated Gregory Klumov, CEO at STASIS.

“The choice to onboard EURS aligns seamlessly with our imaginative and prescient and signifies one other milestone for Hex Belief. By providing our 200+ institutional shoppers the power to make use of EURS inside our safe custody platform, Hex Secure, we reinforce our place as a trusted supplier of complete digital asset options. This partnership with STASIS highlights our dedication to assembly the evolving wants of our shoppers and addressing the rising demand for non-USD stablecoins. We’re trying ahead to offering top-tier EURS custody and contributing to the continued development of the digital asset ecosystem,” stated Giorgia Pellizzari, Head of Custody at Hex Belief.

EURS by STASIS is the oldest and the one absolutely compliant and controlled EURO stablecoin in the marketplace with a 5-year monitor file, over 6B euros transferred on-chain throughout 5 main blockchains (extra distributed ledgers deliberate), together with Ethereum, Polygon, XRP, XDC and Algorand. With zero transaction failures and common audits by BDO Malta, EURS stands out with its pristine regulatory and compliance standing. All EURS belongings are backed on a 1:1 foundation, and collateral is saved on the Central Financial institution, mitigating business banking dangers. 

About Hex Belief

Established in 2018, Hex Trust is a totally licensed digital asset custodian devoted to offering options for protocols, foundations, monetary establishments, and the Web3 ecosystem. Get entry to custody, DeFi, brokerage, and different companies constructed on regulated infrastructure. Hex Belief has workplaces in Hong Kong, Singapore, Vietnam, Dubai, France and Italy.

For extra data, go to Hex Belief’s official website or observe Hex Belief on LinkedIn, Twitter, and Telegram.

About STASIS & EURS

STASIS is a European monetary know-how agency that develops customer-friendly devices to allow institutional and retail prospects to handle digital currencies and public blockchains for funds and settlements, e-commerce, and DeFi. The corporate points, governs, and manages EURS, the one authorized stablecoin within the EU, accessible in 175 international locations and audited by BDO, some of the famend auditors on this planet.

For extra data: go to STASIS’ official website or observe STASIS on LinkedIn, Twitter, and Telegram.

Contact

Head of Advertising and marketing
Yvonne Kua
Hex Belief
[email protected]

Disclaimer: It is a sponsored press launch and is for informational functions solely. It doesn’t mirror the views of Crypto Every day, neither is it supposed for use as authorized, tax, funding, or monetary recommendation.