- #1474
Quantoz EURQ EURQ Price
Quantoz EURQ Price Chart (EURQ)
EURQ Price
EURQ vs. Stablecoin
Quantoz EURQ Detailed Performance
EURQ shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
EURQ to USD Converter
Price History
- All-Time High
- $4.884.55x to ATH
- All-Time Low
- $0.83961.28x to ATL
- Trade Launch Date
- 21 Nov, 2024
721 days ago
Quantoz EURQ Exchanges
Exchanges type
What is Quantoz EURQ (stablecoin)?
Quantoz EURQ is a euro-pegged stablecoin issued as an ERC-20 token on Ethereum by Quantoz Payments BV, a licensed Electronic Money Institution supervised by the Dutch Central Bank. The token maintains a 1:1 peg to the euro and is designed to comply with MiCA regulations as an Electronic Money Token, providing a regulated euro-denominated asset for trading and arbitrage across European crypto markets.
Who issues EURQ?
Quantoz Payments BV, a Dutch Electronic Money Institution authorized and supervised by the Dutch Central Bank, issues EURQ. The company submitted its whitepaper as an Electronic Money Token to the Dutch Financial Authorities for MiCA compliance.
What regulatory framework governs EURQ?
EURQ operates under the European Markets in Crypto-Assets regulation as an Electronic Money Token. Its issuer holds an Electronic Money Institution license from the Dutch Central Bank, and the reserve-holding foundation is prudentially supervised by the same authority.
How is EURQ backed?
Each EURQ in circulation is backed by at least 102 percent in euros. Stichting Quantoz, a bankruptcy-remote foundation, holds the reserve across accounts at systemically important banks and in highly liquid euro-denominated bonds.
On which blockchain does EURQ operate?
The token runs on Ethereum as an ERC-20 contract with six decimals, verifiable on Etherscan at address 0x8df723295214ea6f21026eeeb4382d475f146f9f.
Where can EURQ be traded?
EURQ trades on Kraken against the euro and the US dollar, on Uniswap v3 as a EURQ/USDT pool, and on several other centralized exchanges against the euro and USDT.
What is the supply mechanism for EURQ?
EURQ uses an elastic supply model with no fixed maximum; new tokens are minted or redeemed through authorized primary market brokers to maintain the euro peg, so the circulating amount changes with demand.
What role does Stichting Quantoz play?
Stichting Quantoz acts as a bankruptcy-remote foundation that custodies the euro reserves backing EURQ, placing funds with systemically important banks and in highly liquid euro bonds under prudential supervision by the Dutch Central Bank.
Quantoz EURQ (EURQ) Price Live Data
The current price of Quantoz EURQ (EURQ) is approximately $1.07, reflecting a increase of 0.37% in the last 24 hours. The EURQ trading volume in the last 24 hours stands at $249,976.00. Quantoz EURQ's market cap is currently $3.59 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of EURQ is 3.35 million.