What is Quantoz (EURQ)

I. Project Introduction

1. What Is EURQ?

EURQ is a Euro-pegged stablecoin issued by Quantoz Payments, operating as an Electronic Money Token (EMT) on the Ethereum blockchain.

This stablecoin has been approved by the Dutch Central Bank and complies with EU MiCA regulations, aiming to address the lack of compliant Euro-denominated assets in the blockchain space.

For users, EURQ provides a transparent, fiat-supported, and fully regulated Euro stablecoin, perfect for facilitating cross-border transactions, engaging with DeFi applications, and executing B2B payments.

2. How Does EURQ Work?

1:1 Euro Backing: EURQ is supported by real Euro reserves, with assets held in regulated bank accounts.

MiCA Compliance: The issuing institution holds an Electronic Money Institution (EMI) license, affirming the product's legal standing and safeguarding user interests.

On-Chain Deployment: Initially deployed as an ERC-20 token, it supports mainstream wallets and DeFi protocols.

Minting Mechanism: Through a KYC-compliant procedure, users are enabled to convert Euros into EURQ.

Transparent Audits: Regular reserve reports are issued, alongside adherence to independent auditing practices.

3. Who Founded Quantoz N.V.?

Quantoz N.V. is a Dutch FinTech company founded in 2015. Its subsidiary, Quantoz Payments, was established in 2021 to issue USDQ, a USD-backed EMT, as well as EURQ and EURD, two EUR-backed EMTs available throughout the European Economic Area. The company is licensed as an EMI by the Dutch Central Bank (DNB). All funds received in exchange for these tokens are held by Stichting Quantoz, a bankruptcy-remote entity that safeguards the assets in compliance with MiCAR regulations.

Nick Haasnoot has served as CEO of Quantoz Blockchain Technology since 2019. He also contributes as a part-time director at happyCOINS and as a supervisory board member at Attenza. Previously, he worked full-time at Regas for 10 years and was a consultant at Finch & Beak for 9 years, starting in 2010.

Arnoud Star Busmann is the CEO of Quantoz Payments. In addition, he is a co-founder of Kendo Digital and a partner at T3i Partner Network, while also serving as a strategic advisor for Stonyridge. Prior to this, he was the President and CEO of Minehub Technologies, a B2B platform focused on digitizing the global mining and metals supply chain.   Funding & Partners:

Supported by major entities like Tether, Kraken, and Fabric Ventures, USDQ received early strategic investment in 2024.

4. EURQ Tokenomics

In accordance with regulatory mandates, 102% of circulating EURQ tokens are collateralized by Euro reserves.

5. Timeline of Key Milestones

November 2024 - Official launch of EURQ, entering the market.

April 2025 - Listed on the Algorand blockchain, enhancing on-chain efficiency.

II. Token Information

III. Related Links