Quantoz EURQ (EURQ)

Stablecoin #125 Fiat-backed EUR peg

Quantoz EURQ (EURQ) is a fiat-backed euro stablecoin. It has about $10.3M in circulation, ranking #125 among the stablecoins CoinScoop tracks, and runs on 4 blockchains.

· Data reviewed by Marcus Feld · Methodology
EURQ price
€0.9707
Depegged
Circulating supply
$10.3M
9.3M EUR tokens
30-day change
-4.1%
7d 0.0% · 24h 0.00%
Price
€0.9707
Depegged
Blockchains
4
Most on Ethereum
Tracked since
Jun 2025
Peak $19.0M (Dec 2025)

What is EURQ?

Quantoz EURQ (EURQ) is a fiat-backed euro stablecoin. It has about $10.3M in circulation, ranking #125 among the stablecoins CoinScoop tracks, and runs on 4 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

$19.6M$0
Oct 28, 2025Oct 28, 2026
$19.6M$0
Jun 10, 2025Oct 28, 2026

EURQ supply fell 4.1% over the past 30 days, to $10.3M. Its peak was $19.0M in December 2025, and supply is 46% below that high.

Is EURQ holding its peg?

Last price
€0.9707
Target
1.0000 EUR
Status
Depegged

EURQ is trading more than 2% below its target, so treat it as depegged. Check the issuer's announcements and redemption status before acting.

Where EURQ lives: supply by blockchain

  1. Ethereum$6.7M72.1%
  2. Polygon$1.1M12.3%
  3. XRPL$1.1M12.0%
  4. Algorand$334K3.6%

EURQ is spread across several networks. The largest, Ethereum, holds 72% of supply. Check that the token on your chain is the issuer's official contract, not a bridged copy.

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

Issuer and custody

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.

Freezes and blacklists

Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.

Small and thinly traded

With $10.3M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.

Bridged versions

Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.

Currently off peg

At the last update EURQ traded at €0.9707 against a target of 1.

Regulation

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

EURQUSDTUSDC
Supply$10.3M$181B$71.18B
30-day change-4.1%-1.3%-5.3%
TypeFiat-backedFiat-backedFiat-backed
Issuer—TetherCircle
Pays yield—NoNo
Blockchains4103126
Peg statusDepeggedOn pegOn peg

EURQ FAQ

What is EURQ?

Quantoz EURQ (EURQ) is a fiat-backed euro stablecoin. It has about $10.3M in circulation, ranking #125 among the stablecoins CoinScoop tracks, and runs on 4 blockchains.

Is EURQ pegged 1:1 to the euro?

EURQ targets 1 EUR. At the last update it traded at €0.9707, a deviation of -2.94%, which we classify as "depegged".

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 4 blockchains. The largest by supply are Ethereum ($6.7M), Polygon ($1.1M), XRPL ($1.1M).

How much EURQ is in circulation?

About $10.3M of EURQ was in circulation at the last update, -4.1% over 30 days. That makes it the #125 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 "depegged" on our peg monitor. This page is information, not investment advice.

Sources: supply, chain balances and price from DefiLlama, refreshed twice daily. Issuer and backing notes are checked by CoinScoop editors. . This page is information, not investment advice.