Quantoz EURQ (EURQ) is a fiat-backed euro stablecoin. It has about $10.6M in circulation, ranking #128 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
What is EURQ?
Quantoz EURQ (EURQ) is a fiat-backed euro stablecoin. It has about $10.6M in circulation, ranking #128 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
In the issuer's words: The Quantoz EURQ is a stablecoin pegged 1:1 to the euro. The EURQ is issued by Quantoz Payments BV, an Electronic Money Institution under supervision of the Dutch Central Bank (DNB). The EURQ is designed to be Micar compliant and its whitepaper as Electronic Money Token (EMT) has been submitted to the Dutch Financial Authorities (AFM). The EURQs are distributed through Authorized Participants.
EURQ supply history
EURQ supply fell 2.9% over the past 30 days, to $10.6M. Its peak was $19.2M in December 2025, and supply is 45% below that high.
Is EURQ holding its peg?
EURQ is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where EURQ lives: supply by blockchain
Supply is concentrated: Ethereum holds 81% of all EURQ. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How EURQ is backed
Each EURQ is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Minting and redemption: All funded EURQ can be redeemed 1:1 to the whitelisted bank account of the EURQ users.
EURQ risks
Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
With $10.6M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
EURQ vs USDT and USDC
Similar fiat-backed stablecoins
See all →
EURQ FAQ
What is EURQ?
Quantoz EURQ (EURQ) is a fiat-backed euro stablecoin. It has about $10.6M in circulation, ranking #128 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
Is EURQ pegged 1:1 to the euro?
EURQ targets 1 EUR. At the last update it traded at €1.0000, a deviation of 0.00%, which we classify as "on peg".
What backs EURQ?
EURQ is a fiat-backed stablecoin. Each EURQ is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Which blockchains is EURQ on?
EURQ is live on 3 blockchains. The largest by supply are Ethereum ($6.7M), XRPL ($1.1M), Algorand ($456K).
How much EURQ is in circulation?
About $10.6M of EURQ was in circulation at the last update, -2.9% over 30 days. That makes it the #128 stablecoin by supply among those we track.
Is EURQ safe?
No stablecoin is risk-free. As a fiat-backed design, EURQ's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. Its supply is small, so liquidity can be thin. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.