Dutch electronic money institution Quantoz Payments has become a principal member of Visa, enabling the company to issue virtual debit cards backed by its regulated e money tokens across Europe.
Through the agreement, Quantoz can launch Visa branded virtual cards linked to balances held in its USDQ, EURQ and EURD tokens. These tokens are issued as regulated electronic money within the European Economic Area and are fully backed 1:1 in safeguarded accounts via a bankruptcy remote foundation structure. The company is also required to maintain at least a 2% additional reserve buffer.
Stablecoin Debit Cards and BIN Sponsorship Model
As part of the partnership, Quantoz will act as a BIN sponsor, allowing fintech companies to embed card issuance directly into their platforms. This infrastructure enables third party providers to offer stablecoin linked payment products without securing their own direct Visa membership.
The cards will support online purchases in store payments and mobile wallet transactions, connecting regulated digital tokens to mainstream card rails. Launch dates and partner names have not yet been disclosed.
Growing Competition in Stablecoin Integration
Visa has been expanding its stablecoin settlement capabilities across multiple blockchains, while rival Mastercard is reportedly exploring acquisitions to accelerate its onchain infrastructure strategy.
The Quantoz partnership reflects broader momentum among major payment networks seeking to bridge regulated stablecoins with traditional financial systems in Europe.
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