STASIS and Fathom Forge Partnership

Reinforcing DeFi/RWA Fields on XDC Network

STASIS, a pioneering force in Europe’s fintech arena, has partnered with Fathom, an innovative project at the nexus of DeFi and Real-World Assets (RWA), to broaden its EURS stablecoin offerings within the XDC Network and transform the dynamics of the local fintech ecosystem. This collaboration seeks to develop the EURS Network on XDC further, capitalize on the strengths of the premier euro stablecoin, and inject fresh energy and new financial possibilities into the local decentralized finance and RWA scene.

Another Milestone for EURS on XDC Network

The STASIS team, the architects behind EURS, is dedicated to enhancing the XinFin ecosystem. This includes forming partnerships with decentralized exchanges (DEXes), services, and marketplaces and promoting the benefits of the euro stablecoin within the XDC community. The expansion of EURS on the XDC Network is set to enhance stability and adaptability for users, incorporating advanced features to address the varied demands of the RWA and DeFi communities. This initiative integrates the trusted STASIS EURO stablecoin with the Fathom platform and XDC Network’s solid blockchain infrastructure.

Earlier, Colin Butler, Global Head of Institutional Capital at Polygon Labs, stated that we might see a substantial increase in the tokenization of real-world assets and witness private equity funds and financial giants like JP Morgan and Hamilton Lane spearheading the development of tokenized funds. This innovation could extend to a variety of assets, including bonds, equities, real estate, art, and luxury items, offering the unique advantage of fractional ownership and thus broadening access to a wide array of assets.

The XDC blockchain operates on the innovative XDC01 protocol and utilizes a delegated proof of stake consensus mechanism. This technology ensures high transaction speeds and low latency, positioning the XDC blockchain as an ideal platform for applications requiring high-volume and fast transactions, such as stablecoin issuance and DeFi applications.

The introduction of EURS on the XDC blockchain represented a significant advancement in decentralized finance, enhancing interoperability and scalability within the stablecoin market and laying a strong foundation for ongoing innovation and collaboration in the cryptocurrency domain. Now, we are making another step to solidify the position and trust, opening more DeFi use cases for the ecosystem users.

In 2024, the stablecoin market is expected to grow significantly, driven by various factors like increasing demand in DeFi, crypto trading, and everyday payments. Regulatory developments, particularly in Europe with regulations like MiCA, are set to provide a more structured and secure environment for stablecoins. While dollar-based stablecoins like USDC and USDT will remain dominant, there is a growing trend towards stablecoins pegged to local currencies, including the Euro.

Empowering Users with Advanced Financial Tools

The Fathom team leverages its solid expertise in RWA security to unlock new possibilities in financial products and services, enriching the EURS ecosystem with cutting-edge DeFi applications.

This partnership introduces the ability to swap and trade EURS and is focused on exploring and developing new financial instruments and platforms that optimize the use of EURS on the XDC Network, making it an attractive choice for users seeking stable and reliable DeFi solutions.

This exciting development represents a move into real-world forex trading on the blockchain, combining traditional financial mechanisms with the innovative principles of decentralized finance, marking a significant milestone for both the XDC ecosystem and the forex trading sector.

The largest euro stablecoin will not only provide a reliable medium of exchange for users but also facilitate new applications in financial markets that require fast, secure, and cost-effective transactions. This includes improving liquidity and stability for decentralized finance (DeFi) applications and enabling more efficient cross-border payment systems.

Enhancing the XDC Stablecoin Scene

Joining forces with Fathom heralds a milestone for stablecoins and decentralized finance networks on XDC. As our story unfolds, this collaboration reaffirms STASIS’ goal to advance further in the XDC DeFi sector. With the expanded offerings of EURS on the XDC Network, users can look forward to a more robust, efficient, and versatile DeFi experience as this strides toward a future where financial services are more inclusive, efficient, and impactful. In the evolving narrative of DeFi, this partnership is a pivotal plot point, shaping the future of finance for a global audience.

About STASIS/EURS

STASIS is a European fintech firm that serves as a conduit between traditional financial services and emerging Web 3.0 technologies. It specializes in stablecoin applications and is dedicated to providing user-friendly tools for managing digital currencies. The STASIS EURO, or EURS stablecoin pegged to the euro, stands out as a top euro digital asset in the cryptocurrency space and enjoys widespread usage and adoption.

The EURS Network, powered by EURS, is an integrated ecosystem encompassing various crypto exchanges, financial services and platforms, and digital wallets. This hub is designed to provide users with a comprehensive suite of tools for managing and transacting in the EURS stablecoin. This integrated environment aims to enhance the practicality and usability of the EURS stablecoin for various financial transactions.

To learn more about Stasis and EURS, check out the links below:

To learn more about Stasis and EURS, check out the links below:

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About Fathom:

Fathom pioneers a holistic liquidity platform for both L1/L2 crypto assets and RWA by providing a complete set of modules to provide the answer to the utility problem for tokenized assets on public networks.

Fathom issues the FXD stablecoin, overcollateralized with exogenous assets and programmatically kept stable with the innovative Dynamic Spread Tiered Liquidation. Rapid TVL scaling is possible with the use of liquid staking tokens, tokenized nodes, custodied RWA onboarding, and TVL and volume multiplication by circulating assets through Fathom’s various components.

To learn more about Fathom, please visit:

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