STASIS new wallet stores stablecoin basic funds in financial intermediaries

The stablecoin issuer STASIS said on Tuesday that its new wallet has been fully integrated into the single euro payment area (SEPA) and will provide a new way to cryptocurrency for regulated financial institutions in the business-to-business and business-to-consumer market. The new wallet extends the storage of assets that support stablecoins. Basic funds are not held by commercial banks, but by financial intermediaries.