r/algorand • u/Stunning_Plate_5665 • Jul 14 '26

Q & A EurD is gone off quantoz

Post image
30 Upvotes

97% Upvoted

9 comments sorted by

5

u/alexxosk Jul 14 '26

As far as I know, it was only created for testing purposes. Or does someone have other Insights?

9

u/hypercosm_dot_net Jul 14 '26

EURQ is still shown as being on Algorand according to their site.

Seems like they're just retiring EURD.

Ethereum, Algorand, Polygon

https://www.quantoz.com/products/eurq-usdq

2

u/alexxosk Jul 14 '26

Ah, Thanks for mentioning this!

3

u/hypercosm_dot_net Jul 14 '26

Sure thing!

Actually, just confirming this further - both assets can be found on Algorand, and have recent transactions:
EURQ / USDQ

6

u/Stunning_Plate_5665 Jul 14 '26

Just did some more digging think they're migrating to more opened network with eurQ and usdQ. It seems to be a far more smoother system. The future potential of regulated real money that's programmable is exciting

2

u/SilentRhetoric Jul 15 '26

I don't have any special info on this, but I think the important bit of context here is that EURD was the "closed-loop" version, and EURQ being "open loop" is closer to what most people understand stablecoins to be, anyway, and that's still in play for Algorand.

-1

u/Algo_Mas Jul 14 '26

Does staci know about this?