What is Quantoz EURD?

EURD is a programmable digital euro issued by Quantoz Payments B.V., a Netherlands-based Electronic Money Institution (EMI) licensed and supervised by De Nederlandsche Bank (DNB) under the European Electronic Money Directive (EMD). It functions as regulated electronic money or as an E-Money Token (EMT) compliant with MiCAR, pegged 1:1 to the euro with full redemption rights at par value for EMT holders.

Reserves are 100% backed by segregated accounts at Tier 1 banks and AAA-rated EU government bonds, providing strong counterparty protection and overcollateralization in some configurations. For e-money use, it operates through Quantoz's API and app/wallet system for instant, zero-fee transfers within closed loops e.g., business ecosystems, fintech platforms.

Key mechanics include instant settlements in seconds, micropayments support, privacy-friendly pseudonymous transfers with tiered KYC, and treasury management for pooling/reallocating funds without banking delays.

The stabclecoin built for European businesses, fintechs, and platforms for use cases in payments, treasury, and programmable money, with primary market distribution only and no secondary trading emphasized.