Tether , Kraken, and Fabric Ventures are backing Dutch fintech company Quantoz Payments to launch two new stablecoins, EURQ and USDQ.
These stablecoins, which comply with EU Market for Digital Assets (MiCA) regulations , are set to launch on November 18.
The EURQ and USDQ tokens, backed by the Euro and the US Dollar respectively, have been licensed as Electronic Money Tokens (EMTs) by the Dutch Central Bank.
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@MAIENCIA