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BTQ Technologies, a quantum technology firm based in Vancouver, has announced the development of its Quantum Stablecoin Settlement Network (QSSN), a framework designed to help banks, payment providers, and digital asset platforms issue and manage stablecoins with protection against quantum-era cybersecurity threats.
The QSSN aims to address the growing need for quantum-resistant infrastructure as quantum computing advances threaten traditional cryptographic systems. The framework is being positioned to support a variety of stablecoin models, including Jpmorgan Chase’s proposed USD deposit token (JPMD), major fiat-backed stablecoins such as Circle and Tether, regulated bank-issued stablecoins, and real-world asset tokens.
The stablecoin market has now surpassed $225 billion in global adoption, with regulatory demands for quantum-safe financial infrastructure accelerating. BTQ is seeking to position itself as a key technology provider in this evolving landscape.
BTQ has demonstrated how the QSSN could enable a quantum-secure version of Jpmorgan’s proposed USD deposit token. The system would allow privileged minting, burning, and administrative controls to comply with U.S. federal quantum-resilience mandates, without altering existing token standards or user workflows.
Recent U.S. federal mandates, 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. Many standards are already in effect.
BTQ's solution proposes that only the core functions used by a bank’s treasury or designated operator—such as minting, burning, and administrative controls—would be cryptographically signed with both standard ECDSA keys and quantum-safe Falcon-512 signatures. This enables compliance with emerging quantum security mandates while preserving existing token logic, KYC processes, allow-list requirements, and user workflows.
Institutional and retail holders would continue to interact with the token as they do today, with existing wallets, reconciliation processes, and regulatory reporting remaining unchanged. Only the issuer’s authentication path would adopt quantum-safe protections, offering improved security with minimal disruption.
The QSSN framework is designed to enhance security for core stablecoin functions while maintaining compatibility with existing payment systems and compliance processes. It is intended to enable seamless adoption for both new and existing stablecoin issuers.
Olivier Roussy Newton, CEO and Chairman of BTQ Technologies
Olivier Roussy Newton, CEO and Chairman of BTQ Technologies, said:
“The growth of stablecoins is reshaping global payments and financial markets, but these platforms must be built on secure foundations. 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.”
He added: “Quantum technologies will be first and foremost widely deployed in digital currencies—and BTQ is positioned to lead the market.”
The pending GENIUS Act, a bipartisan bill advancing through the U.S. Congress, seeks to establish comprehensive federal guidelines for fiat-backed stablecoins. This is expected to reinforce the need for secure, compliant, and resilient digital currency infrastructure.
BTQ, which has collaborated with NIST and other standards bodies for over a decade, intends to propose technical legislation and standards to ensure that digital currencies, including stablecoins, are built on quantum-secure foundations.
With the QSSN, BTQ aims to provide a scalable platform to support secure stablecoin issuance and management, allowing banks, payment providers, and digital asset companies to meet both market demand and regulatory expectations.
