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Quantoz Payments, a blockchain and cryptocurrency solutions provider based in the Netherlands, has launched stablecoins pegged to the Euro (QEUR) and US Dollar (QUSD). These tokens are issued on blockchain networks to facilitate cross-border transactions and provide real-time settlement capabilities.
The initiative has received support from leading crypto asset firms, with Quantoz emphasizing compliance with European regulations, including the Markets in Crypto-Assets Regulation (MiCA). The stablecoins aim to integrate seamlessly into financial and enterprise systems while adhering to strict regulatory standards.
Quantoz Payments specializes in enabling businesses to adopt blockchain technologies and offers solutions designed for seamless integration with traditional banking systems. This latest move reflects the firm's focus on delivering blockchain-based payment options that align with industry requirements.
Quantoz Payment has gained support crypto giants such as Fabric Ventures, Kraken and Tether
Paolo Ardoino, CEO of Tether, said: "Our support for Quantoz highlights Tether's commitment to fostering innovative and regulated solutions within the digital asset landscape. By supporting Quantoz and bringing technology solutions like Hadron by Tether, we reinforce our dedication to expanding reliable, compliant financial tools that empower users and build trust across the digital ecosystem."
The stablecoins are targeted at institutional and business applications, allowing enterprises to adopt tokenized fiat currencies in their payment operations while ensuring transparency and efficiency.