There are thousands of different cryptocurrencies, of which Bitcoin is the best known. Stablecoins, such as the new coins from Quantoz, are also crypto coins, but their price remains stable. After all, they are linked to a currency.
According to De Nederlandsche Bank this offers opportunities for faster and more efficient payment transactions, but at the same time it requires vigilance “to manage the risks of such initiatives in a timely manner”. The European Union limits the number of stablecoins, which means that many have disappeared. Quantoz did receive permission for a new digital currency.