Quantoz USDQ is a stablecoin that maintains a 1:1 peg to the US dollar, providing a reliable digital currency option. Issued by Quantoz Payments BV, this stablecoin operates under the supervision of the Dutch Central Bank (DNB) as an Electronic Money Institution. It is crafted to adhere to the Markets in Crypto-Assets Regulation (MiCAR) guidelines, and its whitepaper has been submitted to the Dutch Financial Authorities (AFM) as an Electronic Money Token (EMT).
Issued as ERC-20 tokens on the Ethereum blockchain, USDQs are distributed via authorized primary market brokers to various cryptocurrency exchanges. The primary objective of USDQ is to deliver a secure and regulated token that mirrors the US dollar, enhancing trading and arbitrage liquidity within the European crypto marketplace.
In compliance with regulatory standards, each USDQ token in circulation is supported by 102% in US dollar reserves. These reserves are managed by Stichting Quantoz, a foundation designed to be bankruptcy remote, which safeguards the US dollar reserves in bank accounts maintained with systemically significant banks and in highly liquid Treasury bonds. Additionally, Stichting Quantoz is subject to oversight by the Dutch Central Bank, ensuring a robust framework for stability and trust.