TechFlow News, February 18: According to FinanceFeeds, Dutch payment company Quantoz Payments has become a principal member of Visa, authorizing it to issue Visa-branded virtual debit cards in Europe linked to its regulated e-money tokens—and to act as a BIN sponsor, enabling third-party fintech platforms to embed stablecoin payment functionality directly into their products without needing to become Visa members themselves.
Quantoz holds an electronic money institution license issued by the Dutch Central Bank. Its three e-money tokens—USDQ, EURQ, and EURD—are all subject to the European Economic Area’s Electronic Money Directive. Reserves backing these tokens are held on a 1:1 basis in dedicated accounts under a bankruptcy-remote fund structure, and Quantoz must maintain an additional reserve buffer of at least 2% on its balance sheet. Users can spend balances held in these tokens online, in-store, and via mobile devices across the Visa acceptance network. Neither Quantoz nor Visa has disclosed the launch timeline for the first card program or the names of the collaborating fintech institutions; the initial focus is on the European market.
This partnership marks Visa’s latest step in expanding its stablecoin capabilities. Over the past year, Visa has progressively added support for USDG, PYUSD, and EURC, and completed integrations with the Stellar and Avalanche blockchains. Meanwhile, Mastercard is reportedly considering acquisitions to deepen its stablecoin infrastructure footprint. The two card networks are pursuing distinct strategies to capture transaction volume for tokenized U.S. dollars and euros.
