Netherlands-based Quantoz Payments has introduced two new Ethereum-based stablecoins, EURQ and USDQ, as part of its strategy to align with evolving European regulatory standards. Both stablecoins will be listed on major exchanges, Bitfinex and Kraken, both of which are investors in Quantoz. Their launch follows Quantoz's previous introduction of a regulated digital euro in October 2023 on the Algorand blockchain. EURQ aims at broader market adoption, especially for crypto exchanges and cross-border payments, while USDQ focuses on corporate treasury management and consumer payments. Both stablecoins are fully backed one-to-one by fiat reserves and managed by an independent foundation under the supervision of the Dutch central bank. Quantoz's CEO highlighted years of effort in regulatory compliance, emphasizing the importance of adhering to the EU's Markets in Crypto-Assets (MiCA) framework, which enforces stringent requirements on stablecoin issuers.

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