Quantoz Becomes Visa Principal Member, Bringing Stablecoin Cards to Europe

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Dutch fintech Quantoz Payments has joined Visa as a principal member, paving the way for virtual debit cards backed by regulated e-money tokens across Europe. The move allows Quantoz to issue Visa-branded cards linked to its USDQ, EURQ and EURD tokens, enabling users to spend stablecoin-backed balances online, in stores and via mobile wallets.

Licensed as an Electronic Money Institution by the Dutch central bank, Quantoz issues its tokens as regulated electronic money within the European Economic Area, holding reserves 1:1 in safeguarded accounts and maintaining an additional 2% buffer. The company will also act as a BIN sponsor, allowing fintech partners to integrate card issuance directly into their platforms — though no launch date or partner names have yet been disclosed.

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so basically… it’s a debit card but your balance is a stablecoin. we have come full circle.