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Reading: Two Coins Launched on Tether’s Hadron Platform
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EdaFace Newsfeed > Latest News > Altcoin News > Two Coins Launched on Tether’s Hadron Platform
Altcoin News

Two Coins Launched on Tether’s Hadron Platform

vitalclick
Last updated: November 19, 2024 4:06 am
5 months ago
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Contents
MiCA CompatibleHadron PlatformConclusion

Netherlands-based fintech company Quantoz has launched two MiCA-compatible stablecoins, EURQ and USDQ, with support for Tether technology. These stablecoins aim to revolutionize financial transactions in Europe. Pegged to the Euro and US Dollar, these digital assets aim to offer a more efficient, transparent and regulated alternative to traditional payment systems. With support from Tether, Kraken and Fabric Ventures, Quantoz is positioned to lead the European stablecoin market.

MiCA Compatible

Tether CEO Paolo Ardoino announced that Quantoz has launched two new MiCA (EU crypto regulations) compliant stablecoins, EURQ and USDQ, using the company’s Hadron platform. With these stablecoins, Quantoz aims to improve financial transactions in Europe and provide a more efficient payment infrastructure.

By investing in Quantoz, Tether Investments aims to provide more secure and regulated digital asset solutions.

Quantoz’s investment arm supports growth in this area by strengthening cooperation with leading companies in the stablecoin sector. Weeks ago Ripple $1 Labs announced that it will integrate EURCV into the XRP Ledger in collaboration with Societe Generale-Forge. These developments reinforce the potential of stablecoins to reshape global financial systems.

Hadron Platform

Hadron provides a secure and compliant solution for tokenizing real-world assets. Equipped with comprehensive compliance tools including KYC and AML checks, the platform also provides risk management and market monitoring features. These features make it possible to securely export and manage digital assets.

Conclusion

The launch of EURQ and USDQ stablecoins could contribute to wider acceptance of stablecoins in daily financial transactions. These digital assets, created by Quantoz using Tether’s Hadron platform, can enable digital transfers within Europe to be carried out faster and more transparently. This development is considered an important step towards the growth of the digital economy and increasing financial inclusion.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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