Quantoz USDQ price

USDQ

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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 Electronic Money Token (EMT) has been submitted to the Dutch Financial Authorities (AFM).

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 on bank accounts with systemically important banks and in highly liquid T-bills. Stichting Quantoz is prudentially supervised by the Dutch Central Bank.