{"id":600854,"date":"2024-11-20T11:19:02","date_gmt":"2024-11-20T11:19:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=600854"},"modified":"2024-11-20T11:19:02","modified_gmt":"2024-11-20T11:19:02","slug":"tether-to-invest-in-quantoz-for-micar-compliant-stablecoin-launch-leveraging-hadron-by-tether-for-tokenization-growth","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/tether-to-invest-in-quantoz-for-micar-compliant-stablecoin-launch-leveraging-hadron-by-tether-for-tokenization-growth","title":{"rendered":"Tether to Invest in Quantoz for MiCAR-Compliant Stablecoin Launch: Leveraging Hadron by Tether for Tokenization Growth"},"content":{"rendered":"

On November 18, 2024, Tether announced plans to invest in Quantoz Payments<\/a>. This investment aims to back the launch of Quantoz’s euro- and U.S. dollar-referenced E-Money Tokens (EMTs), namely EURQ and USDQ, which are being developed to adhere to MiCAR (Markets in Crypto-Assets Regulation) standards. This move marks a critical step toward providing regulated digital asset solutions tailored for the European market. Quantoz’s adoption of Tether’s Hadron technology underlines Tether’s ambition to be at the forefront of real-world asset tokenization. As the originator of the first stablecoin, USD₮, Tether has played a central role in developing an industry with a market value nearing $200 billion.<\/p>\n

Introduction of EURQ and USDQ Stablecoins for Enhanced Financial Transactions<\/h2>\n

The EURQ and USDQ stablecoins are designed to offer a more efficient, cost-effective, and transparent alternative to Europe’s traditional payment infrastructures. Their introduction aims to enable seamless digital euro and dollar transactions across European exchanges and markets.<\/p>\n

Paolo Ardoino, CEO of Tether, stated, “Our support for Quantoz emphasizes Tether’s drive to nurture regulated and innovative solutions in the digital asset domain. By working with Quantoz and utilizing technologies like Hadron by Tether, we aim to enhance access to dependable and compliant financial tools that foster user empowerment and build confidence across the digital landscape.”<\/p>\n

Hadron by Tether<\/a> offers an extensive suite of capabilities for tokenized asset management, covering the entire asset life cycle. This intuitive platform emphasizes token issuance, compliance, token management, risk mitigation, Know-Your-Customer (KYC) and Know-Your-Transaction (KYT) processes, secondary market ecosystem monitoring, and wallet integrations. Hadron’s reach extends across blockchain environments and centralized digital asset exchanges<\/a>.<\/p>\n

Tether’s investment in Quantoz exemplifies its mission to reshape the digital economy while expanding financial inclusivity and economic opportunities. As Quantoz becomes the first public adopter of Hadron by Tether, the technology has already garnered interest from numerous institutions and companies across Europe and globally. These entities are exploring Hadron’s potential for tokenizing a wide array of digital assets<\/a>, including equities, bonds, funds, real estate, loyalty points, and other applications.<\/p>\n

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Tether To Make Investment in Quantoz Launch of MiCAR-compliant Stablecoins; Leverages Hadron by Tether Tech As Part Of Tokenization Expansion<\/p>\n

Read more:https:\/\/t.co\/LiGv8ya3Fw<\/a><\/p>\n

— Tether (@Tether_to) November 18, 2024<\/a><\/p><\/blockquote>\n