Quantoz EURD (EURD)

Quantoz EURD, also known as the Quantoz digital euro, is a regulated and programmable E-Money Token. It is fully backed by the euro and is managed by the Quantoz Foundation. This digital currency operates on a trusted bank account and is prudentially supervised by the Dutch Central Bank under an Electronic Money Institution license. This allows Quantoz Payments to issue regulated digital euros on the blockchain.

As a regulated and programmable digital euro, EURD offers efficient and compliant settlement of payments. It was specifically designed to meet the requirements of emerging business models such as the Internet of Things, DeFi, and Web3. EURD provides a blockchain-based regulated e-money payment rail, making integrating with existing financial technology easy. It also complies with the Markets in Crypto Assets Regulation, ensuring a closed-loop ecosystem of exclusively white-listed wallets and tokens.

EURD enables peer-to-peer payments between consumers, businesses, and devices, increasing financial inclusion and democratizing finance. Quantoz Payments handles the blockchain transaction fees, making it convenient for users. Additionally, users can build EURD applications using Quantoz Payments’ APIs. The open-source code for the Quantoz Payments App is also available on Github, allowing developers to contribute to its development.