LBank Exchange Lists USDQ (USDQ) as a New US Dollar-Pegged Stablecoin

Road Town, British Virgin Islands--(Newsfile Corp. - May 10, 2025) - LBank Exchange, a leading global digital asset trading platform, has officially listed USDQ (USDQ)

In a move that underscores the increasing integration of fiat and crypto, LBank Exchange, a leading global digital asset trading platform, has completed the listing of USDQ (USDQ). The token, notably known for being fully backed by the US dollar, becomes accessible to users worldwide through the USDQ/USDT trading pair on May 1, 2025.

“We are excited to welcome USDQ to LBank's growing ecosystem of tokens,” says LBank Exchange. “As a US dollar-backed stablecoin, USDQ provides a valuable addition to our users' portfolio, offering a reliable and stable asset in the dynamic Web3 space.”

The token is available for trading here: https://www.lbank.com/trade/USDQ_usdt

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Issued by Quantoz Payments, USDQ is an ERC-20 stablecoin pegged 1:1 to the US dollar. Aiming to provide a trusted and stablecoin solution, USDQ combines traditional finance stability with the transparency and efficiency of blockchain technology.

Leveraging a unique reserve structure and integration with a specialized payments institution, Quantoz Payments, which falls under the supervision of the Dutch Central Bank (DNB), USDQ offers a trusted fiat-backed asset with flexible access and redemption options.

USDQ: A Stablecoin for a Decentralized Economy

USDQ is an electronic money token (EMT) backed by US dollar reserves and designed for stability, transparency, and liquidity to facilitate seamless participation in digital economies and decentralized finance (DeFi).

One of the core innovations of USDQ is its integration with Quantoz Payments, which minimizes operational risk and ensures optimal segregation of customer funds. This setup, based in the Netherlands and supervised by the DNB, aims to provide an extra layer of protection for users.

Moreover, the structure of Quantoz Payments is designed to be bankruptcy-remote, ensuring that customer funds are fully segregated and protected from any potential insolvency events that may affect Quantoz Payments.

Furthermore, USDQ is governed by a robust regulatory framework in accordance with e-money, small payment institutions, and applicable AML/KYC legislation.

Beyond its role in payment services, USDQ is designed to support cross-border payments, facilitating efficient and low-cost transactions across international borders.

The token is also integrated into DeFi platforms, providing liquidity for various protocols and applications within the decentralized finance ecosystem.

Token Integration and Accessibility

USDQ is built on the Ethereum network, ensuring broad compatibility with leading crypto wallets and exchanges. Smart contract integration allows for seamless interoperability with DeFi protocols, expanding possibilities for users.

Tokenomics

The USDQ token operates as a fully-backed stablecoin, with each token backed by equivalent reserves held in the specialized accounts of the Quantoz Foundation. These reserves are designed to maintain the stability of USDQ and ensure its convertibility to US dollars.

The goal of USDQ is to provide a reliable and secure digital asset that facilitates everyday transactions and access to the growing DeFi ecosystem.

Key Details:

Token Name: USDQ

Token Symbol: USDQ

Blockchain: Ethereum (ERC-20)

Maximum Supply: Variable, based on market demand and fiat-backed reserves

Decimals: 18

USDQ is designed with the following utility and functions in mind:

- Redemption: USDQ holders can redeem tokens at any time for USD, aiming for liquidity and value stability.

- Cross-Border Payments: USDQ provides a fast and efficient way to perform international transactions with the reliability of the US dollar.

- DeFi & Trading Liquidity: Used in DeFi platforms and exchanges for liquidity and trading.

Reserve Management:

- USDQ reserves are safeguarded by the Quantoz Foundation, with a minimum of 30% of funds held in bank accounts to ensure compliance with regulatory standards.

- The remaining funds are invested in secure, low-risk assets such as US dollar-denominated bonds, aiming for additional liquidity and backing for USDQ.

- A third-party firm conducts yearly audits of the reserve assets to maintain transparency.

Redemption Rights:

- Registered holders of USDQ have the right to redeem tokens at any time at par value, aiming to provide full transparency and security for users.

- A dedicated web portal and email support are available for token holders to facilitate seamless redemption.

- Redemption is available through Quantoz Payments for users within the EEA, Switzerland, and the UK, with a straightforward process goal to provide swift transactions.

Market Participation:

- USDQ can be traded, redeemed, or used for payment applications, aiming for the token to be a flexible asset for individuals and institutions.

- Third-party partners are authorized by Quantoz Payments to distribute USDQ, goal to