STASIS EURO
EURS
Evaluation Score
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Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
STASIS EURO (EURS) is an established, euro-pegged stablecoin issued by Malta-based STASIS that has been operational since 2018. The project maintains relatively strong security and reserve transparency, supported by daily account statements, periodic reserve attestations by BDO Malta, and historical smart contract audits with no recorded smart contract exploits or depegs. However, EURS faces substantial headwinds across adoption, activity, and market traction. Development activity appears to have stalled into a maintenance posture over the past 18+ months, community engagement is minimal, and circulating supply has contracted by over 90% from its 2022 peak amid strong competition from rival euro stablecoins like Circle's EURC. Combined with centralized issuer governance, privileged contract roles, and near-zero DEX liquidity, EURS remains functional as an operational fiat-backed settlement asset but exhibits severely diminished growth potential and market share.
Development Activity
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Community Support
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Tokenomics
Supply, distribution, and utility
Market & Use Case
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Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About STASIS EURO (EURS)
STASIS EURO (EURS) is a fiat-collateralized, euro-pegged stablecoin launched in July 2018 by Malta-based entity STASIS. Operating primarily as an ERC-20 token on Ethereum and deployed on Polygon, EURS was designed to provide an on-chain digital settlement asset pegged to the euro. The token operates on a centralized mint-and-burn issuance mechanism managed directly by the corporate issuer.
The project maintains a public team led by CEO and founder Gregory Klumov alongside CTO and co-founder Anatoliy Knyazev. Backing for EURS relies on fiat reserve holdings, with STASIS publishing daily account statements alongside periodic reserve attestations and audits conducted by BDO Malta. On the security side, the EURS smart contracts have undergone historical audits by CertiK and Coinfabrik, and the token has experienced no recorded smart contract exploits, protocol insolvencies, or depegging events since inception.
Despite ongoing operations, EURS has experienced significant market contraction and operational dormancy. Circulating supply declined by approximately 90% to 95% from its early 2022 peak of roughly 124 million tokens down to approximately 11.8 million, amid limited decentralized exchange liquidity and competition from rival euro stablecoins. Furthermore, development and integration activity has largely transitioned to a maintenance posture with no verifiable major technical milestones across the past 18 months, while on-chain security analyses note centralization risks related to privileged contract administrator roles.