Quantoz USDQ (USDQ)

“The Quantoz USDQ is a stablecoin pegged 1:1 to the US dollar. The USDQ is issued by Quantoz Payments BV, an Electronic Money Institution under supervision by the Dutch Central Bank (DNB). The USDQ is designed to be Micar compliant, and its whitepaper as an Electronic Money Token (EMT) has been submitted to the Dutch Financial Authorities (AFM).

The USDQs are issued as ERC-20 tokens on the Ethereum blockchain and distributed through authorized primary market brokers to the crypto exchanges. The primary purpose of the USDQ is to offer a secure and regulated US dollar-pegged token for trading and arbitrage liquidity on the European cryptocurrency market.

By regulatory requirement, the USDQ tokens in circulation are 102% backed by US dollars. Stichting Quantoz, a bankruptcy-remote foundation, holds the US dollar reserve for the USDQ in bank accounts with systemically important banks and highly liquid T-bills. The Dutch Central Bank prudentially supervises Stichting Quantoz.”