Quantoz, a Netherlands-based fintech company, has introduced two stablecoins, EURQ and USDQ, utilizing technology from Tether on the Hadron platform. These stablecoins are compliant with the Markets in Crypto-Assets Regulation (MiCAR) and are pegged to the Euro and US Dollar, respectively, intending to enhance financial transaction efficiency and transparency.
The launch signifies a step forward in regulated payment systems, offering a noteworthy alternative to traditional financial methods across Europe. By leveraging stablecoin technology, Quantoz aims to transform everyday transactions, contributing to the growth of digital currency adoption.