STASIS Team Official Announcement

STASIS serves as a bridge between the financial world and cryptocurrencies. We always aimed to simplify the gateway to crypto for mainstream users and institutions from the start and didn’t take commissions for transactions.

Due to the explosive growth of the DeFi sector, ETH commissions for token transfers have skyrocketed. Not only EURS, but all the existing stablecoin and their operations are affected.

We realize that small transactions have already become too costly to subsidize at current GAS prices. Our team has taken a tough, but the only viable decision. We are forced to take measures against the crypto market’s unpleasant changes and shift this responsibility to users.

Our global community has matured over time and grew to more than 50.000 members. We are sure that such a substantial customer base doesn’t need subsidizing as people have realized how convenient EURS is for the clients with euro balance. We’re confident that our solution will continue to experience more adoption since we offer a very convenient and cheap off-ramp.

Thank you for your support and understanding. We will update you on the situation changes.