Built on the Ethereum blockchain, EURQ and USDQ offer secure, regulated, and transparent stablecoin options to the European digital asset ecosystem, addressing the growing demand for reliable, well-capitalized stablecoins. Quantoz states that having well-regulated, transparent, and fully backed stablecoins is critical to enabling faster, cheaper, and more secure settlements.
“We’re thrilled to be among the first exchanges to list EURQ and USDQ, two stablecoins that bring a new level of regulatory compliance and transparency to the digital asset space. As demand for secure, well-regulated stablecoins continues to grow, EURQ and USDQ represent an important advancement in how blockchain can serve traditional finance needs. Our customers will now have access to stablecoins built for reliability and consumer protection under Europe’s MiCA regulations,” said Henry Child, Head of Tokens at Bitfinex.
Deposits for EURQ and USDQ are expected to open at approximately 2:00 PM UTC on 18 November, 2024, subject to network conditions. Trading is planned to commence at approximately 2:00 PM UTC on 21 November 2024, contingent upon liquidity requirements being met. EURQ and USDQ will be tradable against US Dollars (EURQ/USD and USDQ/USD) and Tether tokens (EURQ/USDT and USDQ/USDT).
To obtain access to EURQ/USD and USDQ/USD on Bitfinex, customers can visit https://www.bitfinex.com/?refcode=0bC4Lljc.
*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com.
About Bitfinex
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
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