Month in Review: August 2024
Stay updated with our set of latest news!
Welcome to Month in Review, where the team behind STASIS and EURS shares project updates and insights on key events in the crypto and stablecoin realms. Originally distributed as a monthly newsletter, it is also available on our blog.
Welcome to our August edition! As the summer vacations hit their peak, we’ve experienced a slower pace this month. While the pace has slowed, our commitment to progress continues. In August 2024, the cryptocurrency market experienced significant turbulence due to global economic shifts and rising interest rates, mainly influenced by the Bank of Japan’s policy changes. On the other hand, the growing influence of AI and Real-World Asset (RWA) sectors in the crypto space highlighted a shift towards utility-focused development, with renewed interest in decentralized finance (DeFi) and a brief resurgence of meme coins fueling market activity.
Speaking about decentralized finance — check out lucrative DeFi opportunities in the booming Algorand ecosystem, which is becoming very popular among STASIS users, and we have forged partnerships with the crème de la crème of the local DeFi scene!
Go ahead and explore multiple options to earn rewards — visit Folks Finance ,Tinyman , Pact, Cometa , CompX, and more. Join the EURS hype train and make the most out of your euro stablecoins!
Moreover, don’t forget to check out our cool educational threads on X and LinkedIn. Additionally, we are extending our fee waiver through September. We encourage you to register now to take advantage of this offer.
Stay informed and ahead of the curve by signing up for our monthly newsletter. Join us as we explore these developments and more, offering you valuable insights and updates to navigate the crypto landscape confidently.
No matter the season, we keep building connections. August was not a landmark month, and generally, it was more relaxed, but we kept the momentum going and made new collaborations. Let’s take a closer look!
We started a new month with cool news from CompX! They have just launched a brand new $xUSD vault on compx.io! Now is the time to secure and diversify your assets with CompX, a DeFi trailblazer on Algorand. Go ahead and mint $xUSD with EURS now: app.compx.io/cdp/vaults !
STASIS partnered with Music Protocol, a pioneering platform dedicated to the blockchain-based management and monetization of music intellectual property. The collaboration seeks to provide enhanced financial stability and stablecoin opportunities for artists, rights holders, and fans within a decentralized ecosystem. Stay tuned for upcoming spaces, and read more by checking our blog!
EURS goes electric with a new partnership as we announce the top euro stablecoin listing on the Electrocoin platform! Founded in 2014, Electrocoin is a Croatia-based crypto brokerage and payment processing company whose core business involves selling and buying cryptocurrency from both retail and institutional clients and facilitating crypto payments for merchants. Check it out today: https://electrocoin.eu/.
We forged a collaboration with an exciting Game Fi project. Pirates of the Arrland is a Play & Earn Web3 gaming ecosystem that contains on-chain strategy games & 3D competitive⚔️ off-chain games connected with an AI portal to the Web3 pirates world! Stay tuned and follow us as we explore the murky waters of Web3 seas together!
STASIS partners with FrogPay to boost the transparency of the Web3 payment sector. FrogPay is a blockchain payment platform that offers a unique refund option for crypto transactions, enhanced by AI-driven dispute resolution and community governance.
We are finishing August 2024 with a new collaboration announcement. STASIS partners with Collably Network — a platform connecting Web3 projects, and bridge to successful collaborations.
That’s all for now, folks!
Feeling excited already? Start your journey in crypto with us! Onboard fast and try our bridge to Web3 without traffic jams! Don’t forget to stay tuned on Telegram, Discord, Twitter, and LinkedIn!
