Quantoz, with the support of Tether and Kraken, has launched two new stablecoins. The EURQ and USDQ stablecoins on the Ethereum blockchain are pegged to the euro and the US dollar. The issuer was a subsidiary of Quantoz Payments, licensed by the Central Bank of the Netherlands. In turn, the Kraken and Bitfinex exchanges (affiliated with Tether) will add EURQ and USDQ stablecoins to their trading platforms from November 21.
In accordance with the rules of the European Union, stablecoins are backed by fiat reserves and liquid financial instruments such as government bonds. The funds are stored in separate accounts in first-tier banks, Quantoz representatives said. 
I think this is a good trend, especially when stablecoins are backed by fiat reserves and liquid financial instruments. What do you think?

You've tipped 50 DEGEN and have 9 DEGEN remaining.