Wednesday, June 12, 2024

Fiat and Crypto Linking Platform Stasis Marked its Presence at the AIBC Summit

The platform that is actively working in establishing a connection between the stability and trustworthiness of traditional fiat currencies with the advancement of blockchain technology, Stasis, was recently exhibited at the AIBC Summit.

As per the details of the event, the AIBC event was held in Malta back in the month of November of this year and was extremely successful as it witnessed a huge number of companies and businesses working in the field of blockchain, cryptocurrencies, and other technologies.

There is certainly no ignoring the fact that blockchain possesses the huge potential and we are still in the initial phases of unveiling the capabilities of blockchain technology and cryptocurrencies.

Hence, as a matter of fact, Stasis is dedicated to bringing a revolution to amalgamating the huge potential of the crypto market with the stability and reliability of primitive currencies.

Stasis comes up with a full-service tokenization platform, involving the creation of a smart contract, third-party audits, custodial services, and deep expertise in the present regulatory environment.

Stasis Aimed at Establishing a Bridge between Fiat and Cryptocurrencies

In addition to this, it should be noted that the tokenized assets of the Stasis platform are always backed by a ratio of 1:1 by collateral held in reserve accounts.

The platform additionally provides various reserve authentication streams, involving audits by one of the top 5 global accounting companies, so that the investors are always confident about the tokens and that they are fully backed.

While being part of the platform, the user will gain access to daily statements based on the statements released by the counterparty and quarterly authentication by a big four company.

To meet their goal of building a bridge between fiat and cryptocurrencies, Stasis has pulled together an ecosystem of all the intermediaries and third parties that are licensed, top-rated, and top global accounting companies.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
RELATED ARTICLES

Most Popular