Quantoz Visa Principal Member: Stablecoin Cards Including EURC

Dutch-based payment company Quantoz Payments has taken a major step by becoming a Visa principal member. This partnership will enable it to issue virtual debit cards with regulated e-money tokens USDQ, EURQ, and EURD. Users will now be able to make online shopping, in-store purchases, and payments in mobile wallets with these stablecoins.

Details of Quantoz Payments’ Visa Principal Membership

Principal membership indicates that Quantoz has gained the authority to issue cards directly through the Visa network. This status opens the door for the company to offer stablecoin-linked products, such as detailed EURC analysis, to fintechs operating in the European Economic Area (EEA). As a BIN sponsor, Quantoz will enable third-party fintechs to integrate their own payment solutions with Visa infrastructure.

Supported Stablecoins: Features of USDQ, EURQ, and EURD

The tokens issued by Quantoz are as follows:

• USDQ: Pegged 1:1 to the US Dollar, backed by regulated reserves.
• EURQ: Euro-based e-money token, compliant with EEA regulations.
• EURD: Similarly euro-backed, with daily liquidity management.

These tokens can be integrated with instruments like EURC futures and offer low volatility.

Technical Structure of Stablecoin Spending with Virtual Debit Cards

Users will be able to spend their stablecoin balances instantly converted to fiat anywhere Visa is accepted. Technically, the cards integrated with blockchain on-ramp/off-ramp mechanisms will support EURC-like tokens on chains like Stellar (XLM) and Avalanche (AVAX). Transactions will occur in seconds with minimized gas fees.

Quantoz’s Regulation and Reserve Security

Quantoz, holder of an Electronic Money Institution license from the Dutch Central Bank (DNB), keeps its reserves in segregated accounts at a 1:1 ratio. Additionally, a mandatory 2% reserve buffer provides extra protection against potential market fluctuations. The following table summarizes the reserve structure:

Visa’s EURC and Stablecoin Strategy Expansion

Visa supports stablecoins like USDG, PYUSD, EURC on Stellar and Avalanche blockchains. The Visa Direct pilot with USDC/EURC has accelerated real-time transfers. The Quantoz partnership will compete with Mastercard’s stablecoin supplier acquisition moves by focusing on the European market. AVAX and XLM integrations provide scalability.

Impacts on the European Stablecoin Payment Ecosystem

This development will accelerate the integration of stablecoins into daily payments by fintechs. Launch date and partners have not yet been announced, but stablecoin card usage in Europe could explode by 2026. For investors, tokens like EURC offer low-risk opportunities alongside AVAX spot analysis.