Quantoz Payments, a Netherlands-based company, has introduced two Ethereum-based stablecoins, EURQ and USDQ, to enter the competitive stablecoin market by adhering to European regulatory standards. These stablecoins will be listed on major cryptocurrency exchanges such as Bitfinex and Kraken, both of which are investors in Quantoz.
The company aims to target corporate payments, consumer ecosystems, and cross-border financial infrastructure by leveraging partnerships with industry players and emphasizing regulatory alignment. Tether, a stablecoin issuer, has also backed Quantoz and provided access to its Hadron asset tokenization infrastructure.
Quantoz’s launch comes after the rollout of EURD, a regulated and programmable digital euro issued on the Algorand blockchain in October 2023.
Source
<p>The post Quantoz Launches Ethereum-Based Stablecoins EURQ and USDQ first appeared on CoinBuzzFeed.</p>