PANews reported on May 19 that according to the announcement of Huobi HTX, Huobi HTX will open the deposit service of USDQ (Quantoz) and EURQ (Quantoz) at 11:30 (GMT+8) on May 19. USDQ/USDT and EURQ/USDT spot trading will be opened at 17:00 (GMT+8) on May 19. The withdrawal service of USDQ and EURQ will be opened at 18:00 (GMT+8) on May 20.

It is reported that Quantoz's USDQ and EURQ are stablecoins pegged 1:1 to the US dollar and the euro respectively. USDQ and EURQ are issued by Quantoz Payments BV, an Electronic Money Institution regulated by the Dutch Central Bank (DNB). USDQ and EURQ are designed to meet the compliance requirements of the EU Crypto-Asset Market Regulation (MiCAR) and have submitted white papers as electronic money tokens (EMT) to the Netherlands Authority for the Financial Markets (AFM).