Tether is investing in Quantoz to launch European-focused stablecoins EURQ and USDQ, which will appear on Bitfinex and Kraken on November 21

Tether has announced an investment in Quantoz Payments to launch two new steiblcoins, EURQ and USDQ, pegged to the euro and dollar respectively. The new MiCAR-compliant tokens will run on the Hadron by Tether platform and target the European market, promising faster and cheaper transactions.

Hadron by Tether is a platform for issuing and managing tokenized assets, incorporating tools for KYC/KYT and supporting both blockchain and centralized exchanges.

Tether CEO Paolo Ardoino noted that Quantoz will be the first public user of the Hadron platform, but there is already interest from various companies and institutions in using the technology to tokenize a wide range of assets - from stocks and bonds to real estate and loyalty programs.

