Bank Frick, Quantoz and BDO launch StableCoin as a Service for payment ecosystems  

Bank Frick

Stablecoins 4 years ago
1 QCP
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Together with the Dutch technology provider Quantoz, Bank Frick is launching a StableCoin as a Service (SCaaS) solution. Audit partner is with BDO one of the leading auditors in Switzerland. SCaaS is fully PSD2-compliant and enables its issuers to issue their own stablecoin and to integrate it easily into their existing systems. As a result, the issuer's merchants and end customers benefit from a secure and stable token-based payment ecosystem.

Balzers (LI) – Bank Frick is now offering intermediaries and enterprises an innovative SCaaS solution, which was developed with the help of the expertise of the Dutch Quantoz N.V. The offer is a Software as a service solution based on Quantoz' established NEXUS technology. It enables issuers to issue their own stablecoin in a closed ecosystem.

"Our SCaaS solution is particularly suitable for issuers who process large volumes of payments on a daily basis, such as merchants and their end customers," says Julien Hawle, Head Blockchain Lab at Bank Frick. "With our SCaaS solution, the participants in such an ecosystem benefit from lower transaction costs and fees as well as a ready-made setup that can be seamlessly integrated without the need for technical expertise.

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https://www.bankfrick.li/en/about-bank-frick/media/bank-frick-quantoz-and-bdo-launch-stablecoin-as-a-service-for-payment-ecosystems

https://www.linkedin.com/company/bank-frick/
  • Dutch
  • Software solutions
  • Switzerland
  • Stable coins
  • Payment ecosystem