Quantoz USDQ (USDQ) Price
USDQ RANK #1315The price of Quantoz USDQ (USDQ) is calculated in real-time by aggregating the latest data across 25 exchanges and 41 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. The Quantoz USDQ is a stablecoin pegged 1:1 to the US dollar. It is issued by Quantoz Payments BV, an Electronic Money Institution supervised by the Dutch Central Bank (DNB). The USDQ is designed to be MiCa compliant, and its whitepaper as an Electronic Money Token (EMT) has been submitted to the Dutch Financial Authorities (AFM). The USDQ tokens are issued as ERC-20 tokens on the Ethereum blockchain and distributed through authorized primary market brokers to crypto exchanges. The primary purpose of the USDQ is to provide a secure and regulated US dollar-pegged token for trading and arbitrage liquidity on the European crypto market. 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-bonds. Stichting Quantoz is prudentially supervised by the Dutch Central Bank.
