TL;DR:

  • Quantoz becomes a VISA principal member to issue cards directly to third parties.
  • The alliance will allow fintechs to integrate payments with regulated stablecoins such as EURQ and USDQ.
  • The service will focus on the European market, complying with MiCAR security standards.

This Tuesday, it was announced that Quantoz Payments secured VISA principal member status, representing a firm step toward mass adoption in the digital asset sector. This partnership marks a significant achievement for the Dutch firm, which can now act as a BIN sponsor.

Thanks to this new status, the platform can issue physical and virtual debit cards on behalf of other fintech companies. Consequently, any platform can now add the option for users to spend stablecoin and cryptocurrency balances as part of their services.

The infrastructure developed by Quantoz seeks to eliminate the technical and regulatory barriers currently faced by financial startups. Through integration into VISA’s global network, regulated digital money finally becomes usable for everyday purchases.

Quantoz-

Expansion of Stablecoin Payments Under MiCAR Regulation

This collaboration will primarily focus on the European Union market, a niche with high demand for tokenized dollars and euros. The company currently holds an Electronic Money Institution (EMI) license granted by the Dutch Central Bank.

Furthermore, Quantoz already manages assets such as EURQ and USDQ, which strictly comply with the MiCAR regulatory framework. This ensures that all funds are backed by liquid assets and fiat money, guaranteeing maximum protection for the end consumer.

Arnoud Star Busmann, CEO of the company, explained that this collaboration allows connecting non-tangible money with one of the most widely accepted payment networks in the world. For its part, VISA reinforces its position as an innovation facilitator in the digital asset ecosystem.

In summary, this advancement positions Quantoz as one of the strongest bridges between traditional finance and the crypto environment. With white-label solutions, the future of hybrid payments seems increasingly close to global normalization.

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bitcoin
Bitcoin (BTC) $ 67,662.00
ethereum
Ethereum (ETH) $ 1,992.82
tether
Tether (USDT) $ 0.999555
xrp
XRP (XRP) $ 1.48
bnb
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usd-coin
USDC (USDC) $ 0.999959