Friday, 16 May 2025
  • My Feed
  • My Interests
  • My Saves
  • History
  • Blog
Subscribe
Capernaum
  • Finance
    • Cryptocurrency
    • Stock Market
    • Real Estate
  • Lifestyle
    • Travel
    • Fashion
    • Cook
  • Technology
    • AI
    • Data Science
    • Machine Learning
  • Health
    HealthShow More
    Eating to Keep Ulcerative Colitis in Remission 
    Eating to Keep Ulcerative Colitis in Remission 

    Plant-based diets can be 98 percent effective in keeping ulcerative colitis patients…

    By capernaum
    Foods That Disrupt Our Microbiome
    Foods That Disrupt Our Microbiome

    Eating a diet filled with animal products can disrupt our microbiome faster…

    By capernaum
    Skincare as You Age Infographic
    Skincare as You Age Infographic

    When I dove into the scientific research for my book How Not…

    By capernaum
    Treating Fatty Liver Disease with Diet 
    Treating Fatty Liver Disease with Diet 

    What are the three sources of liver fat in fatty liver disease,…

    By capernaum
    Bird Flu: Emergence, Dangers, and Preventive Measures

    In the United States in January 2025 alone, approximately 20 million commercially-raised…

    By capernaum
  • Sport
  • 🔥
  • Cryptocurrency
  • Data Science
  • Travel
  • Real Estate
  • AI
  • Technology
  • Machine Learning
  • Stock Market
  • Finance
  • Fashion
Font ResizerAa
CapernaumCapernaum
  • My Saves
  • My Interests
  • My Feed
  • History
  • Travel
  • Health
  • Technology
Search
  • Pages
    • Home
    • Blog Index
    • Contact Us
    • Search Page
    • 404 Page
  • Personalized
    • My Feed
    • My Saves
    • My Interests
    • History
  • Categories
    • Technology
    • Travel
    • Health
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » Blog » Tether and Quantoz Unveil MiCA-Compliant Stablecoins EURQ, USDQ
Cryptocurrency

Tether and Quantoz Unveil MiCA-Compliant Stablecoins EURQ, USDQ

capernaum
Last updated: 2024-11-19 08:08
capernaum
Share
Tether and Quantoz Unveil MiCA-Compliant Stablecoins EURQ, USDQ
SHARE

Tether USDT

  • Tether invests in Quantoz Payments to launch MiCA-compliant EURQ and USDQ e-money tokens, enhancing regulated digital payments in Europe.
  • EURQ and USDQ adhere to MiCA standards, offering secure transactions and bridging traditional finance with blockchain innovations.

Tether has announced an investment in Quantoz Payments to support the launch of two E-Money Tokens (EMTs): EURQ and USDQ. Attached to the euro and US dollar respectively, these tokens seek to follow the European Union’s Markets in Crypto-Assets (MiCA) legal framework.

Designed as a step toward safer and more controlled digital payment solutions, this development emphasizes the growing congruence between the crypto industry and traditional financial systems.

EURQ and USDQ, scheduled for release on November 18, 2024, have already obtained licensing as EMTs from the Dutch Central Bank, therefore attaining a major turning point in regulated financial innovation.

Embedding Blockchain in Europe’s Regulated Financial Ecosystem 

Following MiCA’s strict guidelines and having entirely backed fiat reserves guarantees a 1:1 ratio to their respective currencies and guarantees the future tokens. Maintaining an extra 2% reserve as a safety measure reflects the EU’s attempts to encourage openness and lower risks in the world of digital payments.

Beyond only legal compliance, these stablecoins seek to provide consumers and companies faster, less expensive, and more open interactions. Especially inside the European Economic Area (EEA), this project fits the larger trend of embedding blockchain-based solutions into the current financial system.

Moreover, adding to its market potential are two well-known crypto exchanges, Kraken and Bitfinex, which plan to list EURQ and USDQ beginning November 21, 2024. This list will make the tokens available to a broad spectrum of customers all throughout Europe, therefore improving their usability.

By connecting distributed solutions with traditional finance, Tether and Quantoz Payments hope to reinvent digital payments with this action. Still, the trip is not without difficulties. Tether CEO Paolo Ardoino has voiced worries about MiCA’s need for stablecoin issuers to maintain at least 60% of reserves in European banks.

The arrival of USDQ and EURQ marks a turning point in the space of European digital payments. Following MiCA allows these coins to negotiate the changing regulatory environment and build trust and dependability among users.

More generally, Tether keeps pushing forward in closing the gap between digital and conventional financial assets. CNF previously reports that Tether’s Hadron system best illustrates this approach since it allows the safe tokenization of several assets.

Focusing on compliance and smooth market integration, Hadron not only connects these worlds but also generates fresh financial opportunities for businesses and governments, establishing itself as a pillar of the future of finance.

Share This Article
Twitter Email Copy Link Print
Previous Article Artificial intelligence (AI) and cryptocurrency: Revolutionizing the future of finance and technology Artificial intelligence (AI) and cryptocurrency: Revolutionizing the future of finance and technology
Next Article Dogecoin Price Target of $4 is Not “Too Big” Says Expert Dogecoin Price Target of $4 is Not “Too Big” Says Expert
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Using RSS feeds, we aggregate news from trusted sources to ensure real-time updates on the latest events and trends. Stay ahead with timely, curated information designed to keep you informed and engaged.
TwitterFollow
TelegramFollow
LinkedInFollow
- Advertisement -
Ad imageAd image

You Might Also Like

Bitcoin Price to $120K? Asia’s Largest ETF Investor Raises BlackRock Investment to $691M

By capernaum

Ethereum Price Analysis: How UK Trading Firm Net $77M Profits on $655M ETH Purchase after Ethereum Pectra Upgrade

By capernaum
Pi Network & Dogecoin Investors Taking Profits And Flocking To Xrpturbo, The AI Agent Launchpad On XRP
Cryptocurrency

Pi Network & Dogecoin Investors Taking Profits And Flocking To Xrpturbo, The AI Agent Launchpad On XRP

By capernaum

XRP Lawsuit: John Deaton Reveals What Ripple & SEC Must Do For A New Judgment

By capernaum
Capernaum
Facebook Twitter Youtube Rss Medium

Capernaum :  Your instant connection to breaking news & stories . Stay informed with real-time coverage across  AI ,Data Science , Finance, Fashion , Travel, Health. Your trusted source for 24/7 insights and updates.

© Capernaum 2024. All Rights Reserved.

CapernaumCapernaum
Welcome Back!

Sign in to your account

Lost your password?