The Dutch blockchain company Quantoz Payments recently announced the launch of two brand new stablecoins—USDQ and EURQ, which are pegged to the US Dollar and Euro respectively. These stablecoins not only comply with the upcoming European Union 'Markets in Crypto-Assets Regulation' (MiCA), but will also be listed on the well-known exchanges Bitfinex and Kraken on November 21. 🎉

Quantoz, as a company regulated by the Dutch Central Bank, holds an Electronic Money Institution (EMI) license, ensuring that its stablecoins are fully backed by fiat currencies and 'high liquidity financial instruments'. This initiative comes just as the MiCA regulation is set to be fully implemented in December, clearly aiming to seize market opportunities.

Currently, Circle's EURC and Société Générale's EURCV account for 67% of the Euro stablecoin market. Can Quantoz's EURQ break this pattern and become the new market darling? This is undoubtedly a question worth paying attention to.

Meanwhile, Tether has not yet obtained the issuance license for USDT under MiCA, while Coinbase plans to delist all non-compliant stablecoins by the end of the year. This may be one of the reasons Tether chose to invest in Quantoz; after all, with compliance becoming increasingly important today, laying out plans in advance is undoubtedly a wise move.

For enthusiasts of the crypto market, what do you think about Quantoz's new move? Will these new stablecoins stand out in a fiercely competitive market? Feel free to share your thoughts and insights in the comments! 💬