Quantoz EURQ
Quantoz EURQ is a stablecoin pegged to EUR on a 1: 1 pegged stablecoin.EURQ Issued by Quantoz Payments, an electronic money institution supervised by De Nederlandsche Bank (DNB).BV It is designed to comply with the Markets in Crypto-Assets Regulation (MiCA); its white paper as an electronic money token (EURQ) has been submitted to the Dutch financial regulator (EMT). These tokens are issued on the Ethereum blockchain in the form of AFM tokens and distributed to cryptocurrency exchanges through authorized primary-market brokers.ERC-20 The primary use of EURQ is to provide a secure and regulated EUR pegged token for trading and arbitrage liquidity in the European cryptocurrency market. In accordance with regulatory requirements,EURQ tokens in circulation are backed by EUR 102%. As a bankruptcy-remote foundation, Stichting Quantoz holds EURQ's EUR reserves in systemically important bank accounts and highly liquid EUR bonds. Stichting Quantoz is subject to prudential supervision by De Nederlandsche Bank.
Overview
Quantoz EURQ is a stablecoin pegged to EUR on a 1: 1 pegged stablecoin.EURQ Issued by Quantoz Payments, an electronic money institution supervised by De Nederlandsche Bank (DNB).BV It is designed to comply with the Markets in Crypto-Assets Regulation (MiCA); its white paper as an electronic money token (EURQ) has been submitted to the Dutch financial regulator (EMT). These tokens are issued on the Ethereum blockchain in the form of AFM tokens and distributed to cryptocurrency exchanges through authorized primary-market brokers.ERC-20 The primary use of EURQ is to provide a secure and regulated EUR pegged token for trading and arbitrage liquidity in the European cryptocurrency market. In accordance with regulatory requirements,EURQ tokens in circulation are backed by EUR 102%. As a bankruptcy-remote foundation, Stichting Quantoz holds EURQ's EUR reserves in systemically important bank accounts and highly liquid EUR bonds. Stichting Quantoz is subject to prudential supervision by De Nederlandsche Bank.
- Sector
- # Stablecoins