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Quantoz USDQ USDQ Price
Quantoz USDQ Price Chart (USDQ)
USDQ Price
USDQ vs. Stablecoin
Quantoz USDQ Detailed Performance
USDQ shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
USDQ to USD Converter
Price History
- All-Time High
- $1.291.30x to ATH
- All-Time Low
- $0.91131.10x to ATL
- Trade Launch Date
- 21 Nov, 2024
721 days ago
Quantoz USDQ Exchanges
Exchanges type
What is Quantoz USDQ (stablecoin)?
Quantoz USDQ (USDQ) is a regulated digital dollar token pegged one-to-one with the United States dollar, issued by Quantoz Payments BV under the supervision of the Dutch Central Bank. The asset functions as an Electronic Money Token designed to provide compliant trading and arbitrage liquidity across European crypto markets, with its reserves managed by a bankruptcy-remote foundation.
How are USDQ reserves backed and secured?
Regulatory requirements mandate that circulating USDQ tokens maintain a 102% backing in United States dollars. A bankruptcy-remote foundation named Stichting Quantoz holds these reserves in highly liquid Treasury bonds and bank accounts at systemically important financial institutions, operating under the prudential supervision of the Dutch Central Bank.
Which blockchain network hosts the USDQ smart contract?
The USDQ token operates as an ERC-20 asset on the Ethereum network. The smart contract is deployed at the address 0xc83e27f270cce0a3a3a29521173a83f402c1768b with 6 decimals, and the code is publicly verifiable on Etherscan.
Does Quantoz USDQ have a fixed maximum supply?
The protocol utilizes an elastic supply model driven by minting and redemption mechanisms, meaning there is no fixed maximum cap for USDQ. The total circulating amount fluctuates based on market demand and institutional issuance, so see DropsTab for the live figure.
Where can traders buy and sell USDQ?
Market participants trade USDQ on centralized platforms like Kraken, BTSE, Bitrue, CoinTR, and bitcastle against fiat and stablecoin pairs such as USD, USDT, and USDC. Decentralized exchange liquidity is also available through Uniswap V3 and Uniswap V4 pools paired with USDT and WETH.
Under which regulatory framework is USDQ issued?
Quantoz Payments BV issues the token as an Electronic Money Institution regulated by the Dutch Central Bank. The project is designed to comply with the Markets in Crypto-Assets regulation, and its Electronic Money Token whitepaper has been formally submitted to the Dutch Financial Authorities.
Quantoz USDQ (USDQ) Price Live Data
The current price of Quantoz USDQ (USDQ) is approximately $0.9987, reflecting a increase of 0.00% in the last 24 hours. The USDQ trading volume in the last 24 hours stands at $5.55 million. Quantoz USDQ's market cap is currently $7.97 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of USDQ is 7.98 million.