The inability for different blockchain protocols to talk to one another is probably one of the reasons why many investors and tech giants are struggling to get digital assets widely adopted. But things are about to change.
Euro-backed stablecoin EURS issued by tech provider STASIS can now be both bridged from Ethereum to Bitcoin and EOS blockchain networks via the Wanchain technology.
According to the official blog post, the cooperation with Wanchain will allow blockchain developers to integrate EURS stablecoin into their own decentralized application and enable users “to seamlessly convert cryptocurrencies like ETH, BTC, and EOS to a stablecoin.”
STASIS CEO & Founder Gregory Klumov says the collaboration represents a perfect opportunity for STASIS to expand fungibility to achieve a network effect.
“Moreover, we provide our users with enhanced and mutually beneficial cryptocurrency experience,” he added.
In addition to that, EURS will be listed on Wanchain and Rivex’ DEX (WRDEX) as a trading pair for WETH, WBTC, WEOS, and a combination of ERC-20 assets.
Wanchain is a cross-chain network, which allows users to move value between various independent blockchains.
Get an idea of what Wanchain technology is all about from this 6-minute video.
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