Quantoz EURQ (EURQ) Price
EURQ RANK #1333The price of Quantoz EURQ (EURQ) is calculated in real-time by aggregating the latest data across 18 exchanges and 24 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. The Quantoz EURQ is a stablecoin pegged 1:1 to the euro. It is issued by Quantoz Payments BV, an Electronic Money Institution supervised by the Dutch Central Bank (DNB). The EURQ is designed to be MiCaR compliant, and its whitepaper as an Electronic Money Token (EMT) has been submitted to the Dutch Financial Authorities (AFM). The EURQ is issued as an ERC-20 token on the Ethereum blockchain and distributed through authorized primary market brokers to crypto exchanges. Its primary purpose is to provide a secure and regulated euro-pegged token for trading and arbitrage liquidity on the European crypto market. By regulatory requirement, the EURQ tokens in circulation are 102% backed by euros. Stichting Quantoz, a bankruptcy-remote foundation, holds the euro reserve for the EURQ in bank accounts with systemically important banks and in highly liquid euro bonds. Stichting Quantoz is prudentially supervised by the Dutch Central Bank, ensuring a high level of security and compliance.
