• Fri. Nov 1st, 2024

Stellar Onboards Stasis Euro As Issuer Looks To Alt Layer 1s

Nov 30, 2023

Stasis Euro, the leading Euro-pegged stablecoin, is now live on the Stellar Network.

The Stellar Development Fund announced the deployment on Nov. 29, enabling users to bridge Stasis’s EURS token onto the Stellar network.

Danelle Dixon, the executive director of the Stellar Development Fund, highlighted that the integration provides Stellar developers with a new stable token that native protocols can support. DeFi Llama data shows $20M locked in Stellar-based DeFi protocols.

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[Source: TheDefiant]

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