Quantoz Unveils Euro-Backed Stablecoin EURQ on XRP Ledger Sidechain Xahau Network

A fully regulated euro-backed stablecoin, EURQ, is set to launch on the Xahau Network, a smart contract-enabled sidechain of the XRP Ledger (XRPL).

The initiative stems from a partnership between Netherlands-based payments technology company Quantoz Payments and INFTF MTU, a nonprofit dedicated to advancing financial inclusion through blockchain.

The collaboration aligns with the companies’ shared goal of driving blockchain adoption globally, while establishing a standard for how digital assets should operate — safely, transparently, and in compliance with regulations.

A Pivotal Moment for Xahau

In a statement, Arnoud Star Busman, CEO of Quantoz, noted that integrating EURQ into Xahau marks a significant milestone toward building a more inclusive, blockchain-powered financial ecosystem.

He expressed enthusiasm about the partnership with INFTF. To him, the move will unlock new opportunities for innovation and enable the creation of services that harness EURQ’s stability and reliability.

Additionally, Jose Antonio Lázaro Espila, Director of Strategic Partnerships at INFTF, also emphasized the importance of the collaboration. According to him, the Quantoz EURQ stablecoin would enable users within the Xahau network to transact with greater confidence.

He added that the initiative will pave the way for innovative and fully regulated financial services within the ecosystem.

Xahau Marks Second Anniversary in Style

Interestingly, the launch of EURQ on Xahau coincides with the second anniversary of the blockchain. For context, Xahau launched on October 30, 2023, by a team of XRPL contributors as part of efforts to expand the XRP Ledger’s capabilities and introduce smart contract functionality.

In a post on X, Quantoz issued a congratulatory message marking Xahau’s second anniversary. It highlighted the announcement of the EURQ stablecoin launch on the network as the perfect way to commemorate the occasion.

Happy 2nd Birthday! @XahauNetwork What a great way to celebrate. 🥳

— Quantoz (@Quantoz) October 30, 2025

It is worth noting that Quantoz initially launched EURQ, along with its U.S. dollar–pegged stablecoin, on the Ethereum blockchain last year. The company is now expanding its reach by extending support for EURQ to the Xahau Network.

Of its 5 million total supply, 3.35 million are currently in circulation, translating to a market cap of €3.34 million ($3.87 million).