Lately, there has been renewed demand for secondary currencies on Curve. Currently, USD stable coins are heavily dominating the market and Europeans/Asians are often forced into undesired USD exposure with little on-chain hedging options. This pool aims at developing the Euro markets on Curve which are currently fairly illiquid with EURS, the largest EUR stable, having a relatively small 29M€ market cap.
This is one of the first step towards opening foreign exchange markets on Curve.
This will offer a second currency on Curve and hopefully help develop other currency options on the Ethereum blockchain as well as later cross currency swaps.
More importantly this will be a first test into gauging interest for other currency markets on Ethereum.
Website - https://eurs.stasis.net/
Github - https://github.com/STASISNET/STASIS-EURS-token-smart-contract
Contract address - 0xdb25f211ab05b1c97d595516f45794528a807ad8