STASIS to use Chainlink to verify EURS reserves

[Btceth01]

The stablecoin platform STASIS will use the oracles of Chainlink to provide timely reserve verifications in support of the EURS digital currency.

STASIS is the provider of the leading euro-pegged stablecoin, EURS. Like all stablecoins, however, it needs to be backed by reserves of money that the company keeps at partner associations.

One of its strengths is that it allows delegated payments on the Ethereum network, with users able to pay the cost of transactions directly in EURS or other currencies supported by the STASIS wallet.

Chainlink, on the other hand, is the leading oracle platform in the blockchain world. Its task is to bring onchain data that is offchain, i.e. from the real world. Source url