Month in Review: June — July’23

Welcome to Month in Review, where the team behind STASIS and EURS shares our updates from the past month and some thoughts on key events and issues in the cryptocurrency and stablecoin space. The MiR is distributed each month, initially as a newsletter. Sign up to stay tuned here.

Greetings, dear reader,

As we inch further into the heart of summer, the crypto markets are mirroring the traditionally slow pace that the season often brings. Historically, this period has been marked by decreased trading volume and limited price action, and 2023 is proving to be no exception. The past couple of months have showcased an undeniable slowdown in the pace of crypto developments. Noteworthy is the fact that the giants of the industry, Bitcoin and Ethereum, have remained relatively stagnant. Their price charts, which once displayed the vibrant heartbeat of bullish runs, now show a more subdued rhythm.

Similarly, altcoins, which often look to these market leaders for direction, haven’t found much inspiration either. The upward trends that many traders and investors became accustomed to have been conspicuously absent.

Yet, in this sea of calm, there’s a ripple that’s impossible to ignore. Memecoins have ignited a fresh mini-bull run. As if echoing a collective sentiment of the market, traders and enthusiasts seem to have diverted their attention to these tokens, searching for the promise of quick profits. In a market tired of the prolonged bearish phase, the allure of these coins is understandable as they offer a momentary escape, a brief respite, and a chance to feel the euphoria of a rallying market once again.

However, there are also bastions of stability in this ever-fluctuating world of cryptocurrency. EURS continues to offer its users a shield against market volatility. As a stablecoin, its inherent design ensures a consistency often sought but rarely found in the crypto realm. No matter the state of the market, be it bull, bear, or something in between, EURS remains a trustworthy instrument for both newcomers and seasoned investors alike. Go stablecoins, Go EURS!

Summer months are usually slow — but not with STASIS! Our team worked hard to achieve a number of partnerships and milestones.

🚀 We introduced a Swap feature for the STASIS Android wallet, which utilizes the 1-inch API! Users can now efficiently exchange EURS & other stablecoins for ETH & MATIC directly in the app! Read & like the story about our collaboration.

🔥 This day has finally come. We celebrated 5 years of EURS milestone. Read more about our path and achievements! Embark on the stablecoin journey with this milestone article !

🗞 A newly redesigned STASIS website was the icing on the cake. Check out these visually outstanding pages that perfectly describe our current direction. Go https://stasis.net/. We appreciate your feedback!

👨‍🎓 Welcome to the STASIS Stablecoin Academy! We want to help you climb the learning curve in the digital asset field and assist you in navigating the extensively growing cryptocurrency realm. With this goal in mind, we open the doors of our stablecoin academy to the ones willing to learn complex subjects on easy terms. Check out our Medium blog to read insightful articles about stablecoins!

💎 Learn about the downsides of CBDCs you were not aware of… Realize why EURS is the true embodiment of a digital euro in the article by Cryptonomist!

📹 STASIS took part in the inaugural Stable Summit in Paris and unveiled the future of Central Bank IBANs. Watch this recap video of the workshop to level up your knowledge!

⚙️ EURS has been listed on MFPay, a secure, simple and convenient crypto payment management for businesses. In addition to other stablecoins, EURS is now supported on Ethereum and Polygon!

⚙️ We’ve partnered with HEXN to boost EURS adoption! HEXN is a crypto lending platform blending traditional and modern lending to optimize your cryptocurrency’s potential. Users can now manage their assets in EURS, the most reliable euro stablecoin!

⚙️ EURS is now available for streaming on Sablier v2! Ideal for European entities leveraging Sablier for salaries — EURS maintains a 1:1 cash backing. Dive in and start streaming now. Give it a like and spread the word with a retweet!

⚙️ STASIS partnered with Yoki Finance to expand payment options and improve crypto purchase strategies. This partnership aims to expand payment options within ecosystems and enhance the flexibility of crypto purchase strategies for users. Read the full story here:

⚙️We introduced Forward Protocol as our newest partner in the journey! Together, we’re making Web3 more accessible to all. Dive deeper and show some love & share the news.

👝 EURS is now supported in the iMe wallet! iMe is an intelligent DeFi & AI platform powered by Telegram API with a non-custodial crypto wallet. Make transactions directly in chats, by Telegram ID, public addresses, or QR code.

And that’s all for now, folks! Don’t forget to tune in to our socials on Telegram, Discord, Twitter, and LinkedIn to stay tuned to what we’re up to!

Thanks for reading the STASIS Blog! Want to learn more about what we do? Check out our website, or download the STASIS Wallet.