Bitfinex Launches New Stablecoins: Bitfinex to List EURQ and USDQ Stablecoins

On November 18, 2024, Bitfinex, a digital asset trading platform, announced that they will be among the first exchanges to list EURQ and USDQ, two Euro- and US dollar-referenced e-money tokens (EMTs) issued by Quantoz Payments, an Electronic Money Institution regulated by De Nederlandsche Bank. Built on the Ethereum blockchain, EURQ and USDQ will offer secure, regulated, and transparent stablecoin options to the European digital asset ecosystem, addressing the growing demand for reliable, well-capitalized stablecoins.

Bitfinex’s Head of Tokens, Henry Child, expressed excitement about the listing, stating that it will bring a new level of regulatory compliance and transparency to the digital asset space. Deposits for EURQ and USDQ are expected to open on November 18, 2024, at 2:00 PM UTC, and trading will commence on November 21, 2024, at the same time, depending on liquidity requirements.

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