Geco.one and STASIS Partnership
Geco.one — a cryptocurrency derivative trading exchange — announced a partnership with stablecoin issuer platform STASIS.
In cooperation with Geco.one, STASIS can enjoy new utility features for their stablecoin EURS, including depositing EURS on the Geco.one exchange, dedicated BitGo wallet, crypto buyback service, and marketing support. However, the most important for end-users will be the possibility of trading on all available instruments using EURS as collateral on Geco.one exchange.
What is STASIS EURO (EURS)?
STASIS provides a bridge from Web2.0 to Web3.0 financial services and pioneers in the commercialization of stablecoin use cases: acquiring, Defi lending, remittance, and white-label corporate settlement.
STASIS is the issuer of the largest non-USD stablecoin EURS. This crypto-enabler platform aggregates solutions from licensed financial intermediaries to provide an institutional-grade link between the decentralized finance world and the off-chain market. The STASIS team pioneers the commercialization of stablecoin use cases: acquiring, Defi lending, remittance, and white-label corporate settlement.
Currently, EURS is the largest stablecoin pegged to the world’s second most-traded currency and ranks as the top-10 stablecoin globally, accumulating tens of thousands of users in its global communities. Moreover, EURS stablecoin reserves have reached almost 100 million euros in fiat, representing a 3x growth during the last year.
Geco.one user can trade on all available instruments using EURS as collateral on Geco.one exchange.