The EURD wallet has just launched on iPhone and Android by QuantozPay. The first Fully compliant Electronic Money Token (EMT) wallet backed by the Dutch Central Bank. This is not a stable coin, it is real digital Euros on blockchain. Built on Algorand.

https://quantozpay.com/payment-app/

You can check it out on the blockchain here:

https://allo.info/asset/1221682136/token

MiCA Regulations go live TODAY, June 30th and with it a new era for blockchain based payments.

EURD is a 1:1 euro backed e-money token and is a new form of money that will revolutionize the digital currency landscape. As pioneers in the field of blockchain-based financial solutions Quantoz have obtained an electronic money license from the Dutch Central Bank (DNB) to issue this innovative digital currency.

One of the key differentiators of the EURD is its compliance with regulations and its stability as a currency. Unlike many other stablecoins, Quantoz Payments, the issuer of EURD, is under prudential supervision of DNB. The stability of EURD is further bolstered by its pegging to the Euro, enabling a reliable and predictable value proposition.

EURD is guaranteed to not lose its peg.

EURD sets itself apart by benefiting from direct integration into the European Banking infrastructure. As a licensed issuer, they have established a direct partnership with a bank in the Netherlands which brings significant advantages to the digital currency ecosystem.

Enhanced Security and Transparency

The Quantoz Euro leverages the inherent security and transparency of blockchain technology. Every transaction and movement of EURD is recorded on a distributed ledger, ensuring a tamper-proof and auditable history. Users can verify the authenticity and validity of transactions, enhancing trust in the system. Additionally, the blockchain-based infrastructure mitigates the risk of fraud, hacking, and manipulation, providing users with a highly secure digital currency experience.

Low Transaction Fees and Instant Settlement

Compared to traditional financial systems and some existing stablecoins, the Quantoz digital euro offers significantly lower transaction fees and near-instant settlement times. By utilizing blockchain technology, transactions can be processed efficiently without the need for intermediaries, resulting in cost savings for users.

Scalability and Integration Potential

The Quantoz Euro has been designed to be highly scalable and compatible with a wide range of applications. The underlying blockchain technology provides rapid expansion and adoption infrastructure, supporting a growing ecosystem of decentralized finance (DeFi) platforms, merchant integrations, machine-to-machine payments, and other digital financial services. With EURD , businesses can unlock new opportunities, individuals can access innovative financial products, and the overall digital economy can flourish.