Stasis partners with Anodos

Published on: 20.04.2024
Stasis partners with Anodos

Stasis partners with Anodos Finance. This partnership merges XRP, a prominent cryptocurrency, with the euro-pegged stablecoin EURS by establishing an XRP/EURS liquidity pool on AnodoSwap. This collaboration elevates the functionality of the XRPL, establishing a fresh benchmark for on-chain foreign exchange (FX) capabilities.

Revitalizing EURS on XRPL

In 2023 and early 2024, the XRP Ledger (XRPL) has demonstrated notable progress and advancement in multiple aspects. The XRPL facilitates cross-currency and cross-border payments, emphasizing swift, cost-effective transactions. It offers native features such as tokens, NFTs, DEX, escrow functionality, and token management. Notably, it prioritizes security and stability by avoiding arbitrary smart contracts on the base layer.

The XRPL (XRP Ledger) is recognized for its efficiency and scalability, processing transactions within 3–5 seconds at a minimal cost per transaction. By incorporating EURS, the XRPL ecosystem is set to revolutionize cross-border transactions and remittances, offering greater speed, affordability, and accessibility to a worldwide audience.

Introducing AnodoSwap

AnodoSwap is an Automated Market Maker for XRPL, enhances trading, provides liquidity, and generates income. The XRP/EURS liquidity pool offers direct euro access, aiding in portfolio diversification and risk management amid cryptocurrency market volatility.

XRP/EURS Liquidity Pool

The XRP/EURS pool introduction is anticipated to greatly increase transaction volumes on XRPL. By having EURS as the sole fully audited and transparent stablecoin on the ledger, this step establishes a reliable basis for trust and security in digital transactions.

Facilitating euro exposure through the XRP/EURS pool allows for portfolio diversification and risk management. Leveraging XRPL infrastructure enables instant, low-cost cross-border transactions known for efficiency, with a median fee of $0.0002 and a capacity of 1,500 transactions per second.

AnodoSwap is a user-friendly platform facilitating trading, liquidity provision, and income generation with XRP and other XRPL tokens, potentially increasing XRPL’s global user base.

The Future of XRPL: Advancing Digital Finance for Cross-Border Transactions and Remittances

The integration of EURS into the XRPL via the XRP/EURS liquidity pool facilitates instant, low-cost cross-border transactions. Benefits include simplified remittance, increased efficiency, and reduced costs for individuals and businesses. Transacting in EURS offers stability, predictability, and cost-effectiveness for international trade and finance, leveraging the XRPL’s speed and scalability. Users gain direct exposure to the euro, enabling easier portfolio diversification, risk management, and on-chain foreign exchange operations.

This advancement streamlines cross-border transactions for both individuals and businesses, allowing for quick and affordable transfers without the usual complications linked to international remittances. These features are crucial in today’s interconnected world economy, where efficiency and affordability are key priorities.

The collaboration between Anodos and STASIS creates the XRP/EURS liquidity pool on AnodoSwap, merging fiat stability with digital assets in the XRPL ecosystem. This move aims to enhance finance by increasing accessibility, efficiency, and alignment with the global economy.


Website | X

FOLLOW Stasis Network

Website | X


Stasis Network

Market Stats:
BTC Dominance: 54.24%(+0.16%/24h)
ETH Dominance: 17.24%(+0.04%/24h)
Defi Market Cap: $90.69B(-14.72%/24h)
Total Market Cap: $2418.89B(-2.60%/24h)
Total Trading Volume 24h: $74.66B(-16.06%/24h)
ETH Market Cap: $416.69B
Defi to ETH Ratio: 21.76%
Defi Dominance: 3.56%
Altcoin Market Cap: $1106.82B
Altcoin Volume 24h: $44.97B
Total Cryptocurrencies: 30234
Active Cryptocurrencies: 10097
Active Market Pairs: 82618
Active Exchanges: 781
Total Exchanges: 8685
BTC: 66572.34$(-0.2%/1H)
ETH: 3470.1$(-0.43%/1H)
AVAX: 31.28$(-1.06%/1H)
BNB: 599.64$(-0.7%/1H)
MATIC: 0.61$(-0.91%/1H)
FTM: 0.64$(-0.87%/1H)
ADA: 0.42$(-0.76%/1H)
DOT: 6.4$(-1.21%/1H)
UNI: 9.98$(-1.34%/1H)
CAKE: 2.47$(-0.75%/1H)
SUSHI: 0.97$(-0.94%/1H)
ONE: 0.02$(-0.92%/1H)