Starlynk Group, a blockchain based cross-border payment infrastructure, UAE ChangerAE, regulated crypto custodian and Quantoz Payments which issues stablecoin USDQ, have signed MOUs to expand cross-border stablecoin payment rails for retail and corporate clients across Europe, Asia, and the UAE.
ChangerAE and Quantoz are looking to build the first regulated UAE-Europe corridor for stablecoin-based trade and treasury solutions, combining Changer.ae’s regulated custody, conversion and escrow account services with Quantoz’s regulated electronic money and stablecoin infrastructure.
As per the press release, the MOUs seeks to turn stablecoins from concepts to real world payment rails across retail point-of-sale, e-commerce and B2B settlement corridors. This milestone builds on Quantoz’s launch of EURQ, USDQ and EURD last year, marking the next step in expanding its global payments network. By connecting regulated stablecoin issuance with partners across Europe, Asia and the Middle East, Quantoz is delivering an end-to-end settlement solution that is instant, compliant and cost eVective for global businesses.
As per the MOUs, Starlynk and Changer.ae will facilitate AED on/oV ramp services to enable compliant cross-border stablecoin settlements, focusing on Asia, the Middle East, and Muslim-majority countries.
Starlynk and Quantoz will integrate their infrastructure to promote liquidity and circulation of stablecoins compliant with MiCA-regulation, and develop crossborder corridors connecting Europe, Asia and the Middle East.
Frank Sui, CEO at Starlynk Group, believes that these announcements prove that stablecoins are becoming a trusted cross border method of payment. He explains, ” By connecting our infrastructure with Quantoz and Changer’s regulated stablecoins, and deploying with a flagship brand like Shanghai Tang, we are delivering faster, compliant payment experiences across Europe, Asia and the Middle East.”
Hao Wang, SEO at Changer.ae, added, “Enterprises need compliant, end-to-end rails between local currencies and regulated stablecoins. With these MOUs we are pairing AED on/oO-ramps, custody and escrow with settlement allowing importers, exporters and merchants to move value between the UAE and Europe with speed, clarity, and robust compliance.”
Arnoud Star Busmann, CEO of Quantoz Payments, commented, “We are proud that our stablecoin usage is continuing to expand and being adopted as means of exchange. With Starlynk and Changer we aim to turn our regulated digital money into practical payment rails, and with Shanghai Tang we are literally taking this to the shop floor and checkout. EURQ and USDQ can now help merchants and enterprises settle faster and cheaper with more transparency and choice.”
