STASIS Wallet establishes a hub for EU licensed financial services to integrate with crypto

With an updated, user-friendly wallet interface in place, STASIS aims to provide institutional investors with access to cryptocurrencies...

STASIS Wallet establishes a hub for EU licensed financial services to integrate with crypto

Malta-based STASIS, a technology provider and issuer of the most widely used Euro-backed stablecoin, EURS, today announced the launch of the STASIS Wallet equipped with SEPA (Single Euro Payments Area) integration, to establish a frontend solution for licensed financial services in Europe.

The wallet’s API allows for financial institutions to interact seamlessly between capital and digital asset markets without regulatory hardships or legal problems. The non-custodial solution allows adding many services with a high degree of usability for licensed players to the wallet.

Gregory Klumov, Founder and CEO of STASIS said:
“STASIS Wallet is more than just another mobile app. With it, we aim to bring licensed fintech service companies to the cryptocurrency market and enable them to experiment with using crypto for its operations without any regulatory or safety concern.”

Currently, the wallet offers 4 key features: buying EURS via SEPA; selling EURS by SEPA; purchase of EURS via credit card plus the deposit of BTC and ETH to the lending platform. In addition to being traded as euros, EURS can be issued in exchange for securities, which are purchased by STASIS’ liquidity providers. EURS can be purchased through STASIS’ network of partners and exchanges that include Changelly, Bitfinex, OKcoin, VirgoCX, Gozo, Globitex, Aximetria and more.