BeQuant has launched a new stablecoin, STASIS EUR which will be listed on its global cryptocurrency exchange. The launch aims to allow safe investing for European institutional investors in a reliable asset.
Through its listing on BeQuant, STASIS EUR will be able to reach a wider audience of investors and increase its presence as a leading cryptocurrency in the market.
As a stablecoin, STASIS EURS will offer users the benefits of a traditional fiat currency in a tokenised format. Its compatibility with traditional financial systems allows professional investors to access the cryptocurrency market in a similar way to how they manage other assets.
The aim of STASIS EUR is to curb the volatility that can be inherent to many cryptocurrencies in the market – a major draw for investors to the asset. Through listing this currency, BeQuant continues with its ambitions of encouraging professional investment in cryptocurrency and innovating the traditional financial infrastructure. STASIS EUR will reap the benefits of increased market visibility on a trusted and secure exchange platform.
Following STASIS EUR’s launch earlier this year, the cryptocurrency received high appraisal from investors for taking the model of a stablecoin to the next level. With the support of third parties providing daily statements and quarterly reviews conducted by the Big 4, STASIS EUR is establishing transparency and reliability in the market for all that invest in the asset.
The asset is already helping many European institutional investors join the world of cryptocurrency. Through minimising the funds’ volatility and allowing investors to secure the money with the help of independent asset managers and open-ledger technology, STASIS EUR is encouraging a wider range of investors to the market.
George Zarya (pictured), CEO of BeQuant, says: “The cryptocurrency sector is constantly striving for ways to encourage transparency, reliability and trust from investors – both institutional and individuals. Doing so not only builds trust within the industry, but also establishes clear regulation and controls that make crypto-assets a desirable choice for any investor’s portfolio. Stablecoins hold huge advantages in making this goal possible, tying themselves to a more traditional asset. STASIS EUR’s work in creating a more reliable asset will help build the credibility of cryptocurrency in the wider financial market through its improved processes aimed at providing a more secure asset for investment. It’s listing on BeQuant presents a huge opportunity for investors to get involved with a currency that is already giving previously cautious investors access to the world of crypto.”
Gregory Klumov, CEO of STASIS, says: “We welcome further adoption of our product by an international exchange such as BeQuant, who will be successful in continuing to provide legitimate liquidity to the crypto ecosystem.”
