As cryptocurrency market volatility has increased over the past month, demand for stablecoins has soared. Were excited to announce a new emission of 15 million EURS as we continue to provide investors and individuals with both the benefits of cryptocurrency and the stability of the euro.
Check our transparency page to see the total amount of EURS:
https://stasis.net/transparency/Well, I am glad that demand for your coin has increased.
Why are you exactly printing out 15 mil of EURS? Why aren't you just another USDT?
If I check your site, I see 27.291.000 EURS being a total supply, while the bank statement says that you have on bank account 91.000 EUR. Shouldn't the parity be 1:1? What am I missing?
This week, a new client bought 15 mil of EURS. He transferred cash and we have emitted new tokens. The parity will always be 1:1