Tether Invests in Quantoz Payments to Launch MiCAR-Compliant Stablecoins in Europe via Hadron Platform

Tether is making a significant move by investing in Quantoz Payments. They aim to launch new stablecoins that comply with the Markets in Crypto-Assets Regulations, or MiCAR, in Europe.

Recently, Tether announced that they will introduce two new stablecoins: EURQ and USDQ. These will be launched through Tether’s Hadron platform.

Tether stated, “These stablecoins mark an important step in promoting regulated digital asset solutions in Europe.” They also noted that Quantoz's decision to use Hadron is a clear indication of Tether’s strategy. They want to position themselves as the leading technology provider for real-world assets. This could make them a key player in the asset tokenization space.

The Hadron platform was rolled out just last week. It aims to be a comprehensive token management solution.

Tether’s CEO, Paolo Ardoino, explained, “It features a user-friendly interface for setting up and managing multi-signature wallets, including hardware wallets.” He emphasized that the design enhances the interaction between issuers and their users.

The platform includes a robust set of controls. It focuses on compliance, Know-Your-Customer (KYC) procedures, Anti-Money-Laundering (AML) measures, and risk management. It even monitors the secondary market ecosystem across both blockchains and centralized exchanges.

Ardoino mentioned that they have already pitched Hadron to various companies, institutions, and governments. Importantly, Hadron operates in a non-custodial manner and supports multiple blockchains.