Quantoz Payments B.V. Quantoz , the Netherlands headquartered payments technology company, is pleased to announce that it will start issuing two stablecoins EURQ and USDQ, designed to be MiCAR Compliant, on Monday 18th November.
EURQ and USDQ are respectively euro and US dollar-referenced E-Money Tokens EMTs, issued on the Ethereum blockchain by Quantoz, an Electronic Money Institution EMI authorised and supervised by De Nederlandsche Bank DNB, the Dutch Central Bank.
The new EMTs will facilitate euro and US dollar transfers and payments in secondary markets as well as transfers across digital asset and crypto exchanges. Fiat-referencing stablecoins on blockchains can enable digital and decentralised payments that are faster, more transparent, secure and cheaper when compared to existing payment infrastructure.
Bitfinex and Kraken, two of the worlds longest standing and most secure crypto-asset exchanges, plan to be the first to list EURQ and USDQ for trading to eligible clients on Thursday 21st November.
Arnoud Star Busmann , CEO of Quantoz Payments, said
