Bitfinex Amongst First Exchanges to Checklist Newly Launched EURQ and USDQ Stablecoins

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Bitfinex Amongst First Exchanges to Checklist Newly Launched EURQ and USDQ Stablecoins

ROAD TOWN, Tortola, British Virgin Islands18 November, 2024 – Bitfinex (https://www.bitfinex.com), a premier digital asset buying and selling platform, introduced right now that they’d be among the many first exchanges to checklist EURQ and USDQ, two Euro- and US dollar-referenced e-money tokens (EMTs) issued by Quantoz Funds, an Digital Cash Establishment regulated by De Nederlandsche Financial institution. 

Constructed on the Ethereum blockchain, EURQ and USDQ provide safe, regulated, and clear stablecoin choices to the European digital asset ecosystem, addressing the rising demand for dependable, well-capitalized stablecoins. Quantoz states that having well-regulated, clear, and totally backed stablecoins is vital to enabling quicker, cheaper, and safer settlements.

“We’re thrilled to be among the many first exchanges to checklist EURQ and USDQ, two stablecoins that convey a brand new degree of regulatory compliance and transparency to the digital asset house. As demand for safe, well-regulated stablecoins continues to develop, EURQ and USDQ symbolize an essential development in how blockchain can serve conventional finance wants. Our clients will now have entry to stablecoins constructed for reliability and client safety underneath Europe’s MiCA laws,” mentioned Henry Little one, Head of Tokens at Bitfinex.

Deposits for EURQ and USDQ are anticipated to open at roughly 2:00 PM UTC on 18 November, 2024, topic to community situations. Buying and selling is deliberate to start at roughly 2:00 PM UTC on 21 November 2024, contingent upon liquidity necessities being met. EURQ and USDQ shall be tradable in opposition to US {Dollars} (EURQ/USD and USDQ/USD) and Tether tokens (EURQ/USDT and USDQ/USDT). 

To acquire entry to EURQ/USD and USDQ/USD on Bitfinex, clients can go to https://www.bitfinex.com/.

*All customers of www.bitfinex.com are topic to Bitfinex’s phrases of service (“TOS”). Please be aware that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from straight or not directly holding, proudly owning or working an Account (as outlined within the TOS) on www.bitfinex.com. 

About Bitfinex

Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art providers for merchants and world liquidity suppliers. Along with a collection of superior buying and selling options and charting instruments, Bitfinex gives entry to peer-to-peer financing, an OTC market and margin buying and selling for a big selection of digital tokens. Bitfinex’s technique focuses on offering unparalleled assist, instruments, and innovation for knowledgeable merchants and liquidity suppliers all over the world. Go to www.bitfinex.com to study extra.

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