Question 1

What is EURQ?

Accepted Answer

​EURQ is a euro-backed electronic money token (EMT) issued by Quantoz Payments B.V., designed to maintain a 1:1 peg with the euro. Operating as an ERC-20 token on the Ethereum blockchain, EURQ offers a regulated and secure digital payment solution within the European Economic Area (EEA). ​

Question 2

What is EURQ used for?

Accepted Answer

EURQ serves multiple purposes within the digital financial ecosystem:​

* **Trading and Hedging:** Facilitates the buying and selling of crypto assets on exchanges without the need for traditional banking, allowing traders to hedge against cryptocurrency volatility. ​

* **Cross-Border Payments:** Enables businesses to conduct fast, low-cost international transfers, avoiding delays and fees associated with traditional banking systems. ​

* **Decentralized Finance (DeFi) and Yield Generation:** Plays a crucial role in DeFi protocols, enabling users to earn interest or yield through lending, borrowing, and liquidity provision. ​

* **Digital Currency Transactions:** Provides access to digital currency transactions in regions with limited banking infrastructure, promoting financial inclusion and facilitating digital currency payments. ​

Question 3

Who created EURQ?

Accepted Answer

EURQ is issued by Quantoz Payments B.V., a regulated financial technology company specializing in electronic money tokens. Founded in 2015, Quantoz N.V. established its subsidiary, Quantoz Payments, in 2021 to issue and manage EURD, EURQ, and USDQ, bringing secure, compliant, and efficient payments to the European Economic Area.