Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins

“There’s a gap in the stablecoin market here in Europe, and we see that as an opportunity,” Arnoud Star Busmann, CEO of the firm’s payments-focused subsidiary Quantoz Payments, said in an interview with CoinDesk. “We are confident that our tech and regulatory compliance put us in a good position to fill that gap, especially now that we have strong partners like Kraken and Tether.”