STASIS: Bridging Traditional Finance and Blockchain Innovation

The STASIS project team has successfully worked within the most regulated fund format in Europe — UCITS. STASIS’ flagship product is EURS stablecoin which proudly stands as the largest euro-backed digital asset, combining the benefits of the world’s second-most traded currency with the transparency, immutability, and efficiency of distributed ledger technology. Central to its success is a leadership team with diverse and robust experiences in finance, technology, and regulatory affairs. This article delves into the key figures of STASIS and their unique contributions to the company’s mission, core values, and future goals.
Gregory Klumov: A Pioneer in Stablecoins
Professional Background and Expertise
Gregory Klumov, the CEO of STASIS is a professional alternative asset manager, with extensive experience in business strategies for international markets and venture capital funding. He is an avid Decentralized Finance researcher and E-money 2.0 directive advocate. His career has centered around managing portfolios on behalf of global funds and private investors. As an expert in liquid and digital alternatives, as well as more traditional portfolio investments, Gregory now aims to shift stakeholders' mindsets to embrace cryptocurrency technologies. Having started his entrepreneurial career in IT at the age of 15 and established a high-speed Internet Service Provider, Gregory later pursued finance and management roles before becoming active in the digital assets space during its emergence.
Innovations and Contributions
Gregory has since become a pioneer in the stablecoin space, an emerging cryptocurrency sector, and launched the most transparent digital asset on the market—EURS—a top-10 stablecoin. EURS represents a unique transaction in which instruments of traditional markets, such as Eurobonds, are exchanged with a digital euro settlement. He has also played a vital role as an advisor to Maltese and pan-European government task forces. He has been involved with developing a nationwide approach within the European legal framework since the beginning. His expertise has been vital to successfully implementing their recent blockchain-friendly legislative initiatives. 
Gregory has delivered lectures on technology and alternative assets at the Frankfurt School of Finance and Management, IMD in Lausanne, and Malta University. He is also a notable and enthusiastic speaker in the blockchain space who is passionate about research and investments — he has spoken at the World Economic Forum, Money2020 Singapore, and Blockchain & Bitcoin Conferences in Riga, Frankfurt, London, and New York. 
Dmitry Golubev: The Technological Visionary
Technological Expertise and Achievements
As the Chief Technology Officer (CTO) of STASIS, Dmitry Golubev is responsible for developing the software platform and IT infrastructure, providing on/off-ramp and blockchain services for clients, including expanding EURS stablecoin to various blockchains.
Dmitry is an IT professional with 25+ years of experience and a strong technological background. He is skilled in software development and has wide IT management expertise. His main domains of expertise are blockchain/crypto, stablecoins, fintech, telecom, media streaming, corporate information systems, and cloud services.
Dmitry’s previous IT experience was in telecommunications, where he gained expertise working with telecom giants such as Avaya, Ericsson, and NEC. He also has entrepreneurial experience – he founded his startup developing the Low-Code platform, which received a grant from the state fund.
Val Kim: The Strategic Financial Leader
Financial Expertise and Strategic Management
Val Kim is the project's CFO. He has over 15 years of management experience in Strategic Management, Asset Restructuring, and Corporate Finance. As deputy managing director, he managed and restructured non-core assets at the world-leading MMC Norilsk Nickel. 
He worked on different investment, economic, and commercial committees there. He also served as Head of M&A at RB Partners, handling cross-border deals and working with private equity funds and leading companies in the information technology, pharmaceutical, banking, and financial services industries.
Val has diversified experience communicating with regional authorities and ministries in developing countries. His core interests include fintech projects, data analytics, and private equity.
Core Values and Mission Statement

STASIS’s core values revolve around transparency, stability, and innovation. The company is dedicated to creating a new generation of e-money that enhances global financial accessibility. The mission is to provide a stable and transparent platform for managing stablecoins, bridging the gap between traditional and digital financial systems.

The company's core values include:
Transparency: STASIS strongly emphasizes transparency, ensuring that users and investors have access to clear information about the backing of its stablecoins. This includes regular audits and detailed reports on the reserves backing EURS.
Stability: The primary mission is to offer a stable digital currency that mitigates cryptocurrency volatility. By pegging EURS to the Euro, STASIS provides a reliable and predictable value for transactions and savings.
Innovation: STASIS is dedicated to innovation in the blockchain space, continuously improving its technology and exploring new use cases for stablecoins.
Accessibility: The company aims to make financial services more accessible by offering a stablecoin that individuals and businesses worldwide can easily use.
Product Benefits and Primary Users
EURS and the STASIS Wallet
STASIS’s flagship products include EURS, a Euro-backed stablecoin, and the Stasis Wallet. STASIS EURO or EURS, the leading Euro-backed stablecoin, will play a crucial role in this partnership. EURS, a stablecoin pegged to the Euro, provides a digital alternative to the conventional Euro, offering the benefits of cryptocurrency technologies such as unrivaled 4-stream transparency, robust security, and immediate transaction capabilities on 7 blockchains without the volatility typically associated with digital currencies. 
EURS aims to bridge the gap between decentralized finance (DeFi) and the everyday consumer. STASIS EURO is audited by the BDO, and all the digital assets are backed on a 1:1 basis with liquid euro balances, with reserves held at the Lithuanian Central Bank.

The STASIS Wallet allows users to securely store, manage, and transact with stablecoins. It supports various fiat currencies and offers a seamless user experience with features like delegated transfer, which enables transactions without holding Ether in the wallet​.
Moreover, the EURS Network, powered by EURS, is an integrated ecosystem encompassing various crypto exchanges, financial services and platforms, and digital wallets. This integrated environment aims to enhance the practicality and usability of the EURS stablecoin for various financial transactions.
Who Benefits from STASIS Products?
Retail investors: Individuals looking to invest in stable digital currencies to preserve value without the volatility of traditional cryptocurrencies.
Businesses: EURS offers stability and transparency for companies that need a stable currency for transactions, payroll, and cross-border payments.
Institutional investors: Financial institutions and hedge funds seeking exposure to digital assets while minimizing risk can use EURS as part of their investment strategy.
Crypto traders: Traders use EURS to hedge against market volatility or as a stable base currency for trading on cryptocurrency exchanges.

Finally, the team has built a STASIS Bridge which is the most capital-efficient cryptocurrency bridge, an ultimate solution for zero-liquidity cross-chain asset transfers. It operates on a centralized model, ensuring enhanced security and exclusive access for verified customers. This ensures a trusted user base and maintains the integrity of transactions across the network. This design choice bolsters security and trust, allowing for tighter control and oversight over the transactions. Access to the bridge is exclusive to our verified customers who have satisfied the minimum usage criteria, ensuring that each participant is reliably authenticated.
Community Engagement and Feedback
STASIS actively engages with its community through social media, AMA sessions, and witter (X) spaces. Community feedback plays a crucial role in the product development cycle, helping STASIS prioritize features and improvements based on user needs and market trends. Engaging with the community fosters trust and transparency, essential for long-term user relationships.
Market Focus and Regional Expansion
STASIS primarily focuses on European markets, as EURS is a Euro-backed stablecoin. The backbone idea is to help the European population embrace their balance sheet currency on the blockchain.
However, STASIS also targets other regions where there is a strong demand for stablecoins, including:
Asia: With a growing interest in digital currencies and blockchain technology, Asia presents a significant opportunity for stablecoin adoption.
Africa: In regions with underdeveloped banking infrastructure, stablecoins like EURS offer an alternative for cross-border transactions and financial services.
Latin America: Economic instability in some Latin American countries creates demand for stable digital currencies to hedge against local currency volatility.
The team often emphasized its international approach to marketing and business development efforts.
Key Partnerships and Collaborations
STASIS has strategically aligned itself with key players in various blockchain, fintech, and financial services sectors. These partnerships are crucial in expanding EURS's reach and utility and enhancing the overall ecosystem surrounding STASIS's products. Key partnerships and collaborations include:
Cryptocurrency exchanges
STASIS has formed partnerships with several leading cryptocurrency exchanges to list EURS. These partnerships provide liquidity and accessibility to a broad user base and enable seamless trading and conversion between EURS and other cryptocurrencies or fiat currencies. These partnerships ensure users can easily buy, sell, and trade EURS across multiple platforms, enhancing its utility as a stable digital asset.
Moreover, multiple collaborations with decentralized exchanges (DEXs) have allowed EURS to be utilized in DeFi ecosystems, further broadening its use cases and appeal to the DeFi community.
Compliance and regulatory partners
STASIS has partnered with leading audit and compliance firms, such as BDO Malta, to ensure that EURS remains transparent and fully compliant with international regulatory standards. These firms conduct regular audits of the Euro reserves backing EURS, providing users and institutional investors with an added layer of security and trust. Additionally, collaborations with legal experts and compliance advisors help STASIS navigate the complex regulatory landscape of the cryptocurrency industry, ensuring that the company remains ahead of potential regulatory changes and can adapt accordingly.
Stobox partnership
The recent collaboration with Stobox is particularly notable, representing a convergence of tokenized securities and stablecoins. Through this partnership, STASIS and Stobox integrated EURS into the tokenized securities market, enabling the use of stable digital assets in securities trading and other financial instruments. This integration expands the use cases for EURS and enhances the liquidity and marketability of tokenized assets.
Moreover, the partnership will also explore joint educational ventures in the Web3 space that aim to enlighten users about transparency, stablecoins, and tokenization.
Upcoming Projects and Future Goals
Exciting Developments
STASIS has a pipeline of exciting developments and initiatives designed to enhance its product offerings, expand its market reach, and drive innovation within the stablecoin ecosystems. 
The STASIS team is actively working on integrating EURS into the decentralized finance space, which has seen explosive growth in recent years. This initiative will allow users to utilize EURS in various DeFi applications, such as yield farming, DEXs, and collateral for decentralized loans. The integration of EURS into DeFi protocols not only broadens its utility but also attracts a new demographic of users who are actively engaged in the DeFi ecosystem, thus increasing the overall adoption of EURS.
Understanding the importance of education in driving adoption, STASIS has launched a series of educational initiatives to increase awareness and understanding of stablecoins and blockchain technology. The STASIS team also plans to expand its outreach efforts by participating in global blockchain conferences, hosting webinars and Twitter spaces, and collaborating with universities and research institutions. These efforts aim to position STASIS as a thought leader in the stablecoin industry and foster a deeper understanding of the benefits of stable digital asset
Long-Term Vision
STASIS has an ambitious growth strategy focusing on expanding its global presence, enhancing its product offerings, and driving innovation in the stablecoin and blockchain sectors. The company's future growth strategy is built on several key pillars:
Global expansion
STASIS is focused on expanding its presence in key markets around the world. The company aims to increase EURS adoption by targeting regions with high demand for stable digital assets, such as Asia, Africa, and Latin America. These regions are characterized by growing interest in cryptocurrency as a hedge against local currency volatility or as an alternative to traditional banking systems.
To achieve this, the STASIS team plans to establish partnerships with local exchanges, payment processors, and financial institutions in these regions. By building a solid network of partners, the team plans to facilitate the seamless integration of EURS into local economies and financial systems.
Long story short, STASIS aims to play a key role in the evolution of global financial systems by positioning itself as a trusted partner in the stablecoin and digital currency space.
Regulatory leadership
Regulatory compliance is a cornerstone of STASIS's strategy. The company is committed to adhering to the highest transparency, security, and legal compliance standards. This includes working closely with regulators and policymakers to ensure that STASIS's products meet all legal requirements.
Since its inception, the STASIS team also proactively sought to shape the regulatory landscape for stablecoins and digital assets. By participating in industry forums, contributing to regulatory discussions, and engaging with global standards-setting bodies, STASIS aims to influence the development of fair and effective regulations that promote the growth of the stablecoin industry while protecting users and investors.
Building a trusted global brand
One of STASIS's long-term goals is establishing itself as a trusted and recognized brand in the global financial ecosystem. This involves providing high-quality products and building a reputation for reliability, security, and transparency.
STASIS is committed to maintaining rigorous audit practices, ensuring that its stablecoins are always fully backed by reserves, and providing regular, detailed reports to the public. This commitment to transparency is a key differentiator for STASIS and is essential for building trust with users, investors, and partners.
By raising awareness and promoting the advantages of stablecoins, the STASIS team aims to drive adoption and solidify its position as a market leader.
Facilitating financial inclusion
One of STASIS overarching goals is to enhance financial inclusion by providing stable, accessible digital currencies that anyone, anywhere in the world, can use. STASIS aims to empower individuals and businesses in underserved regions to participate in the global economy by offering a reliable alternative to traditional banking services.
The team also sees stablecoins as a tool for financial empowerment, enabling users to protect their wealth from inflation, transfer money across borders with ease, and access financial services that were previously out of reach.
STASIS aims to drive the mainstream adoption of digital currencies by making stablecoins a standard payment, remittance, and savings option. To achieve this, STASIS is constantly working on expanding the use cases for EURS, such as enabling it for payroll, e-commerce, and cross-border trade. 
Leading innovation in the stablecoin space
As a pioneer in the stablecoin industry, STASIS is committed to leading innovation and setting the standard for stable digital assets. This includes continuously improving its products, exploring new applications for stablecoins, and pushing the boundaries of what is possible with blockchain technology.
STASIS’s long-term vision is to become a cornerstone of the digital financial ecosystem, where stablecoins like EURS are as widely used and trusted as traditional fiat currencies. 

In summary, STASIS’s future growth strategy is built on a foundation of innovation, compliance, and strategic partnerships. The company’s global goals reflect its ambition to expand its market presence and shape the future of the digital currency landscape in a way that is secure, transparent, and beneficial to users worldwide.
Conclusion
The development of EURS and the STASIS Wallet is driven by a commitment to address significant challenges in the cryptocurrency market, particularly volatility and lack of transparency. STASIS aims to facilitate the wider adoption of cryptocurrencies for everyday transactions by offering a stable, Euro-backed digital currency. Furthermore, STASIS is dedicated to enhancing financial inclusion by providing accessible and transparent financial services globally. Leveraging blockchain technology, STASIS seeks to offer a viable alternative to conventional banking systems, especially in regions where financial services are limited or underdeveloped.

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