Visa grants Quantoz primary membership and supports stablecoin debit card issuance Dutch payment company Quantoz Payments has obtained a major membership in Visa, authorizing the issuance of Visa branded virtual debit cards linked to regulated electronic currency tokens in Europe, and acting as a BIN guarantor, allowing third-party fintech platforms to embed stablecoin payment functionality. Quantoz holds an electronic currency institution license issued by the Dutch central bank, and its USDQ, EURQ, and EURD tokens are subject to the electronic currency regulations of the European Economic Area. Its reserves are held in a special account under the bankruptcy isolation fund structure at a 1:1 ratio, and a reserve buffer of at least 2% is maintained. Users can consume within the Visa network using their token balance. Quantoz and Visa have not disclosed the launch date of the first batch of card projects and the names of their partner institutions, with an initial focus on the European market. Visa has supported USDG, PYUSD, and EURC in the past year, and integrated Stellar and Avalanche blockchain. Mastercard is reportedly considering deepening its stablecoin infrastructure layout through acquisitions.