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Tether invests in Quantoz for MiCAR-compliant stablecoins

Source Cryptopolitan

Tether is investing in Quantoz Payments to support the launch of MiCA-compliant stablecoins EURQ and USDQ. The aim of these EMTs (E-Money Tokens) is to regulate digital financial transactions across Europe with improvement in speed, efficiency of costs, and clarity.

This announcement comes as a milestone for Tether to further improve its involvement in the digital asset industry.

“By supporting Quantoz and bringing technology solutions like Hadron by Tether, we reinforce our dedication to expanding reliable, compliant financial tools that empower users and build trust across the digital ecosystem,” says CEO of Tether, Paolo Ardoino.

Quantoz is taking on Hadron, a tokenization technology of Tether

The stablecoins EURQ and USDQ are MiCAR (Markets in Crypto-Asset Regulation) compliant. This means that they are fully regulated and can be used as an alternative to digital transactions involving dollars and euros.

Hadron manages tokenization’s complete lifecycle, from the start till the end. It contains various tools for issuance, KYC (Know Your Customer), KYT (Know Your Transaction), compliance, and risk management.

The platform can also connect tokenized assets with centralized exchanges and secondary markets. This enables tokenization across various sectors like real estate, loyalty points, and equities beyond just stablecoins.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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