STASIS and Hex Trust Announce Integration of EURS into Digital Asset Custody Platform
STASIS, the European fintech company behind EURS, the oldest EURO stablecoin, has announced a new integration with Hex Trust, a recognized digital asset custodian. This integration enables Hex Trust to offer custodial services with EURS to its clients and reinforces their ambition to diversify their digital assets offering.
Effective immediately, Hex Trust will allow its clients to safely store and manage EURS assets via their Hex Trust Custody solution. STASIS CEO Gregory Klumov said that this integration highlights the growing significance of EURS within the stablecoin realm and reinforces the expansion of the EURS Network. Hex Trust Head of Custody Giorgia Pellizzari expressed excitement about providing top-tier EURS custody and contributing to the continued growth of the digital asset ecosystem.
EURS by STASIS is the oldest and only fully compliant and regulated EURO stablecoin on the market with a 5-year track record, over 6B euros transferred on-chain across 5 major blockchains, including Ethereum, Polygon, XRP, XDC, and Algorand. With zero transaction failures and regular audits by BDO Malta, EURS stands out with its pristine regulatory and compliance status. All EURS assets are backed on a 1:1 basis, and collateral is stored at the Central Bank, mitigating commercial banking risks.
About Hex Trust
Established in 2018, Hex Trust is a fully licensed digital asset custodian dedicated to providing solutions for protocols, foundations, financial institutions, and the Web3 ecosystem. They offer custody, DeFi, brokerage, and other services built on regulated infrastructure with offices in Hong Kong, Singapore, Vietnam, Dubai, France, and Italy.
About STASIS & EURS
STASIS is a European financial technology firm that develops customer-friendly instruments to enable institutional and retail customers to manage digital currencies for payments and settlements. The company issues, governs, and manages EURS, accessible in 175 countries and audited by BDO.
Hot Take
The integration of EURS into Hex Trust’s digital asset custody platform marks a significant step towards expanding the use of non-USD stablecoins in the digital asset ecosystem. With STASIS’ commitment to regulatory compliance and Hex Trust’s dedication to providing secure custodial solutions for institutional clients, this partnership sets the stage for further growth in the stablecoin realm while meeting evolving market demands.
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