logo
BTQ Technologies Unveils Quantum Stablecoin Settlement Network (QSSN)

BTQ Technologies Unveils Quantum Stablecoin Settlement Network (QSSN)

Cision Canada24-06-2025
Demonstrates How Quantum-Secure Stablecoin Models for JPMorgan, Tether, Circle, and Others Enter The Quantum future
Quantum-Safe Stablecoin Infrastructure: BTQ unveils the Quantum Stablecoin Settlement Network (QSSN), a next-generation framework in development to help banks, payment providers, and digital asset platforms issue and manage stablecoins with built-in protection against quantum-era cybersecurity threats.
Demonstration of JPMorgan Use Case: BTQ demonstrates how QSSN could enable a quantum-secure version of JPMorgan's proposed USD deposit token (JPMD), allowing privileged minting, burning, and administrative controls to meet U.S. federal quantum-resilience mandates without altering existing token standards or user workflows.
Market Opportunity and BTQ Positioning: With global stablecoin adoption surpassing $225 billion and regulatory timelines accelerating for quantum-proof financial infrastructure, QSSN positions BTQ as a critical technology provider for secure, scalable stablecoin and tokenized asset markets.
Policy Leadership: With the GENIUS Act advancing toward federal approval, digitized money is poised to become a formal part of the financial system. BTQ will leverage its decade of collaboration with NIST to propose technical standards that ensure stablecoins and digital currencies are quantum-secure by design and mandated by law.
VANCOUVER, BC, June 24, 2025 /CNW/ - BTQ Technologies Corp. (the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks, is pleased to introduce the Quantum Stablecoin Settlement Network (QSSN), a next-generation framework designed to protect stablecoin platforms from emerging cybersecurity risks driven by quantum computing.
QSSN will provide banks, payment companies, and digital asset platforms with the tools to issue and manage stablecoins in alignment with evolving regulatory and national security standards. The framework is designed to support a broad range of stablecoin models, including:
JPMorgan Chase's proposed USD deposit token (JPMD)
Leading fiat-backed stablecoins like Circle and Tether USD
Regulated, bank-issued stablecoins such as the forthcoming Fire Labs Stablecoin, which has commenced to power wallets in Kraken and Blockchain.com
Real-world asset tokens and other next-generation digital payment products
Supporting the Next Phase of Stablecoin Market Growth
The stablecoin sector has rapidly expanded into a $225 billion market, with growing institutional demand, real-world applications, and regulatory clarity accelerating adoption. As stablecoins become more embedded in global financial infrastructure, governments and regulators are introducing new requirements to ensure their long-term security, particularly in response to the growing capabilities of quantum computing, which threaten to undermine legacy encryption systems.
In the U.S., recent federal mandates call for quantum-safe technology across critical infrastructure, including digital assets and tokenized financial products. BTQ's QSSN is designed to help stablecoin issuers meet these requirements by adding a secure, future-proof layer to the most sensitive aspects of stablecoin platforms, without changing how businesses, institutions, or users interact with these digital currencies.
Demonstrating a Quantum-Secure JPMorgan Stablecoin
BTQ's QSSN provides a clear pathway to future-proof the proposed JPMorgan Chase USD deposit token (JPMD) in line with U.S. federal cybersecurity standards. Recent policies, including National Security Memorandum-10 and the NSA's Commercial National Security Algorithm Suite 2.0, require critical financial systems to migrate to quantum-resistant cryptography before 2030, with many standards already in effect.
BTQ's solution would allow JPMorgan—or any issuer of tokenized deposits—to secure their stablecoin platform by upgrading only the core functions used by the bank's treasury or designated operator, such as:
Minting and burning tokens
Administrative controls, such as pauses or upgrades
Initial contract deployment
Using BTQ's proprietary CASH hardware and QSSN framework, these privileged transactions will be cryptographically signed with both standard ECDSA keys and quantum-safe Falcon-512 signatures. This allows for compliance with emerging quantum security mandates while preserving all existing token logic, KYC processes, allow-list requirements, and user workflows.
The broader stablecoin ecosystem remains unchanged, meaning:
Institutional and retail holders interact with the token as they do today
Existing wallets, reconciliation processes, and regulatory reporting remain intact
Only the issuer's authentication path adopts quantum-safe protections
This approach offers improved security with reduced disruption, which will allow major financial institutions to comply with U.S. quantum-resilience policies without overhauling their operational infrastructure.
A Market-Ready, Scalable Solution
The QSSN framework will enhance security for core stablecoin functions while maintaining full compatibility with existing payment systems and compliance processes. It will enable seamless adoption for both new and existing stablecoin issuers, positioning BTQ as a critical technology provider for secure, scalable digital finance.
"The growth of stablecoins is reshaping global payments and financial markets, but these platforms must be built on secure foundations," said Olivier Roussy Newton, CEO and Chairman of BTQ Technologies. "QSSN positions BTQ at the forefront of this transformation, will enable banks, institutions, and innovators to meet emerging regulatory expectations for quantum security, without disrupting user experience or market functionality."
Roussy Newton added: "Quantum technologies will be first and foremost widely deployed in digital currencies—and BTQ is positioned to lead the market."
Capitalizing on Market Growth and Regulatory Tailwinds
Stablecoins have become a critical part of the digital asset economy, powering real-world asset tokenization, payments, cross-border settlement, and yield-generating financial products. At the same time, governments are accelerating timelines for quantum-proofing national infrastructure, presenting both a challenge and a significant market opportunity for technology providers.
In the United States, the pending GENIUS Act—a bipartisan bill advancing through Congress—seeks to establish comprehensive federal guidelines for fiat-backed stablecoins, further reinforcing the need for secure, compliant, and resilient digital currency infrastructure. With the introduction of the GENIUS Act and its anticipated approval, there will come a time—sooner rather than later—when digitized money becomes mandated by law.
BTQ, having collaborated with NIST and other standards bodies for over a decade, is committed to shaping that future. The Company intends to actively propose technical legislation and standards to ensure that digital currencies, including stablecoins, are built on quantum-secure foundations.
With QSSN, BTQ will offer a scalable, revenue-generating platform to support secure stablecoin issuance and management, enabling banks, payment providers, and digital asset companies to confidently meet both market demand and regulatory expectations in the years ahead.
For more information about QSSN please visit https://www.qssn.money/.
About BTQ
BTQ Technologies Corp. (Cboe CA: BTQ | FSE: NG3 | OTCQX: BTQQF) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.
Connect with BTQ: Website | LinkedIn | X/Twitter
ON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: the business plans of the Company, the development of the QSSN; the QSSN enabling a quantum-secure version of JPMorgan's proposed USD deposit coin, Tether, Circle and others and the results therefrom; the QSSN positioning BTQ as a critical technology provide for secure, scalable stablecoin and tokenized asset markets; BTQ's ability to secure mission-critical networks; the QSSN providing banks, payment companies, and digital assets with tools to issue and manage stable coins in alignment with evolving regulatory and national security standards; the QSSN's ability to support stablecoins models; Fire Labs Stablecoin and its powering of wallets in Kraken and Blockchain.com; stablecoins becoming more embedded in global financial infrastructure; governments and regulators introducing new requirements to ensure their long-term security; the growing capabilities of quantum computing; the QSSN adding a secure, future-proof layer to the most sensitive aspect of stablecoin platforms without changing how business, institutions, or users interact with these digital currencies; the upgrades an issuer of tokenized deposited would be required to make to utilize the QSSN and secure their stablecoin platform; the cryptographical signature mechanics of certain privileged transactions using BTQ's proprietary CASH hardware and the QSSN framework and its ability to allow for compliance with emerging quantum security mandates while preserving certain characteristics and processes; BTQ's proprietary CASH hardware and the QSSN frameworks ability to allow major financial institutions to comply with U.S. quantum-resilience policies without overhauling their operational infrastructure or disrupting user experience of market functionality; the QSSN enhancing security for core stablecoin functions while maintaining full compatibility with existing payment systems and compliance processes; the QSSN framework enabling seamless adoption for both new and existing stablecoin issuers; quantum technologies being deploying in digital currencies; governments accelerating timelines for quantum-proofing national infrastructure; and BTQ offering, through the QSSN, a scalable, revenue-generating platform which supports secure stablecoin issuance and management. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "will", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.
The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions; the development of post-quantum algorithms and quantum vulnerabilities; the successful development and commercialization of the QSSN; and the future of stablecoins, the QSSN, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Broadcom Repays Credit Facility with Senior Notes
Broadcom Repays Credit Facility with Senior Notes

Globe and Mail

timea day ago

  • Globe and Mail

Broadcom Repays Credit Facility with Senior Notes

Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Broadcom ( (AVGO)) has shared an announcement. On July 11, 2025, Broadcom Inc. repaid all outstanding obligations under its existing credit agreement, which originally provided a $30.4 billion term loan credit facility. This repayment was facilitated by the issuance of $6 billion in senior notes, consisting of notes due in 2030, 2032, and 2035, which were sold to underwriters including J.P. Morgan Securities, Morgan Stanley, and Wells Fargo Securities. The move to issue senior notes and repay the credit facility reflects Broadcom's strategic financial management and could impact its financial positioning by potentially reducing interest expenses and altering its debt structure. The most recent analyst rating on (AVGO) stock is a Buy with a $240.00 price target. To see the full list of analyst forecasts on Broadcom stock, see the AVGO Stock Forecast page. Spark's Take on AVGO Stock According to Spark, TipRanks' AI Analyst, AVGO is a Outperform. Broadcom scores highly due to its strong financial performance, driven by robust growth in AI segments and solid profitability. The earnings call provided positive guidance, reinforcing confidence in future growth. However, high valuation metrics and debt levels warrant caution despite the company's optimistic outlook. To see Spark's full report on AVGO stock, click here. Broadcom Inc. operates in the semiconductor and infrastructure software solutions industry, offering a wide range of products and services that cater to data center, networking, software, broadband, wireless, and storage markets. Average Trading Volume: 22,298,731 Technical Sentiment Signal: Buy Current Market Cap: $1307.1B For a thorough assessment of AVGO stock, go to TipRanks' Stock Analysis page.

RBC Capital Keeps Their Buy Rating on Bloom Energy (BE)
RBC Capital Keeps Their Buy Rating on Bloom Energy (BE)

Globe and Mail

time2 days ago

  • Globe and Mail

RBC Capital Keeps Their Buy Rating on Bloom Energy (BE)

In a report released today, Nik Modi from RBC Capital reiterated a Buy rating on Bloom Energy, with a price target of $26.00. The company's shares closed yesterday at $25.85. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Modi is a 2-star analyst with an average return of 0.5% and a 51.40% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Constellation Brands, Procter & Gamble, and Clorox. In addition to RBC Capital, Bloom Energy also received a Buy from J.P. Morgan's Mark Strouse in a report issued on July 9. However, on June 29, BMO Capital maintained a Hold rating on Bloom Energy (NYSE: BE). BE market cap is currently $6.67B and has a P/E ratio of -307.74. Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BE in relation to earlier this year. Last month, Maciej Kurzymski, the See Remarks of BE sold 8,733.00 shares for a total of $199,025.07.

3 Finance Stocks to Buy Ahead of Q2 Earnings: BLK, BK, STT
3 Finance Stocks to Buy Ahead of Q2 Earnings: BLK, BK, STT

Globe and Mail

time2 days ago

  • Globe and Mail

3 Finance Stocks to Buy Ahead of Q2 Earnings: BLK, BK, STT

The financial sector will take center stage next Tuesday, July 15, with Q2 results from most of the major domestic banks set to be released. Underlying the spotlight, several of these finance stocks currently sport a Zacks Rank #2 (Buy) ahead of their quarterly reports and are worthy of consideration outside of the three big banks that will be reporting, which include JPMorgan JPM, Citigroup C, and Wells Fargo WFC. Major Regional Bank Stocks to Consider At the moment, the Zacks Banks-Major Regional Industry is in the top 5% of over 240 Zacks industries, with State Street STT and The Bank of New York Mellon BK being two standouts. As renowned holding companies, both provide a wide range of financial products and banking services for institutional investors, including high-net-worth clients. Furthermore, State Street and New York Mellon are expected to post double-digit EPS growth in fiscal 2025 and FY26, with their Q2 reports expected to reflect 10% and 15% earnings growth, respectively. Steady sales growth also suggests State Street and New York Mellon will be able to sustain their industry-leading operational efficiency, with STT and BK recently hitting new 52-week highs and offering respectable dividend yields that are over 2%. BlackRock - The Leading Investment Management Firm As the world's largest asset manager, BlackRock's BLK expansive growth is expected to continue when the company reports its Q2 results next Tuesday. Having more than $11 trillion in assets under management (AUM), BlackRock's quarterly sales are thought to have increased 12% year over year to $5.38 billion, with Q2 EPS expected to rise 5% to $10.86. Notably, BlackRock's Zacks Financial-Investment Management Industry is currently in the top 20% of all Zacks industries. Glamorizing its industry dominance, BlackRock's annual earnings are slated to rise 5% this year and are projected to increase another 12% in fiscal 2026 to a whopping $51.75 per share. This is accompanied by expectations of 11% sales growth in FY25, with BlackRock's top line projected to expand another 15% in FY26 to $26.16 billion. Hovering near a 52-week high of over $1,100, BlackRock stock offers a generous 1.89% annual dividend yield that equates to $20.84 per share. More intriguing, BlackRock's 46% payout ratio suggests there is plenty of room to boost its dividend in the future, especially considering the company's superior operational performance. Bottom Line Ahead of their Q2 reports on Tuesday, July 15, these top-rated finance stocks look poised for higher highs. Correlating with their Zacks Rank #2 (Buy) rating, State Street, The Bank of New York Mellon, and BlackRock stock have benefited from a pleasant trend of positive earnings estimate revisions for FY25 and FY26, suggesting more upside ahead. #1 Semiconductor Stock to Buy (Not NVDA) The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow. One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Bank of New York Mellon Corporation (BK): Free Stock Analysis Report BlackRock (BLK): Free Stock Analysis Report State Street Corporation (STT): Free Stock Analysis Report Wells Fargo & Company (WFC): Free Stock Analysis Report JPMorgan Chase & Co. (JPM): Free Stock Analysis Report Citigroup Inc. (C): Free Stock Analysis Report

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store