🚀 Exciting news from the crypto world! Netherlands-based fintech firm Quantoz is stepping into the European stablecoin arena with EURQ and USDQ, pegged to the euro and U.S. dollar, respectively. These stablecoins will be issued on the Ethereum blockchain and are fully backed by fiat reserves and government bonds.
- Quantoz has secured an EMI license from the Dutch Central Bank, a crucial step for EU operations.
- Backed by investments from Kraken, Tether, and Fabric Ventures, the stablecoins will debut on Bitfinex and Kraken this Thursday.
- As EU's MiCA regulations loom, Quantoz aims to fill the stablecoin gap in Europe.
What are your thoughts on stablecoins reshaping the financial landscape? Share in the comments!