Quantoz, a financial technology company based in the Netherlands, has launched two MiCA-compliant stablecoins, EURQ and USDQ, with the support of Tether‘s technology. Aiming to innovate financial transactions in Europe, these digital assets are pegged to the Euro and US Dollar, offering a more efficient, transparent, and regulated alternative to traditional payment systems. With support from Tether, Kraken, and Fabric Ventures, Quantoz is positioned as a leader in the European stablecoin market.
MiCA Compliance
Paolo Ardoino, CEO of Tether, announced that Quantoz has introduced the two new MiCA-compliant stablecoins, EURQ and USDQ, utilizing the company’s Hadron platform. Quantoz aims to enhance financial transactions in Europe and provide a more efficient payment infrastructure with these stablecoins.
Tether Investments aims to offer safer and regulated digital asset solutions by investing in Quantoz.
Quantoz’s investment arm is strengthening collaborations with leading companies in the stablecoin sector to support growth in this area. Just weeks ago, Ripple $1 Labs announced its partnership with Societe Generale-Forge to integrate EURCV into the XRP Ledger. These developments reinforce the potential of stablecoins to reshape global financial systems.
Hadron Platform
Hadron provides a secure and compliant solution for the tokenization of real-world assets. Equipped with comprehensive compliance tools that include KYC and AML controls, the platform also offers risk management and market monitoring features. These capabilities enable the secure issuance and management of digital assets.
Conclusion
The launch of EURQ and USDQ stablecoins may contribute to their wider acceptance in daily financial transactions. These digital assets, created by Quantoz using Tether’s Hadron platform, could facilitate faster and more transparent digital transfers within Europe. This advancement is viewed as a significant step towards the growth of the digital economy and increased financial inclusion.