Tether has partnered with Quantoz Payments to introduce EURQ and USDQ, euro- and dollar-backed E-Money Tokens (EMTs). These digital assets are designed to align with MiCAR standards, aiming to enhance transaction speed and transparency in Europe.
The initiative marks an advancement in regulated digital asset solutions, with Quantoz leveraging Tether's Hadron platform for efficient and secure token management. This collaboration underscores Tether's significant role in the tokenization of digital markets.
The move is poised to contribute towards more streamlined and transparent financial transactions, emphasizing compliance with regulatory standards.