Source: Coindesk.com
As stablecoins gain traction, Netherlands-based fintech firm Quantoz aims to take a slice of the European market.
The company will issue the regulatory-compliant stablecoins pegged to the euro (EURQ) and U.S. dollar (USDQ) on the Ethereum blockchain. The tokens are fully backed by fiat reserves and highly-liquid financial instruments like government bonds, the firm said on Monday.
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Source: Coindesk.com