Quantoz has introduced two new stablecoins, EURQ and USDQ, both based on the Ethereum network. These stablecoins have gained support from significant exchanges such as Bitfinex and Kraken.
They are fully backed 1:1 by fiat currencies and liquid instruments, including government bonds, ensuring strong financial underpinnings.
An independent foundation manages these assets under the scrutiny of the Dutch central bank, reinforcing trust and reliability.
Furthermore, Quantoz was already a licensed electronic money institution before the implementation of MiCA, demonstrating its proactive adherence to regulatory standards. This launch follows their previous success with EURD on Algorand.