Well, it seem like is was originally, but isn't now and hasn't been at date of publication.
Edit:
> The initial QUIC protocol was designed by Jim Roskind at Google and was initially implemented in 2012, announced publicly to the world in 2013 when Google's experimentation broadened.
> Back then, QUIC was still claimed to be an acronym for "Quick UDP Internet Connections", but that has been dropped since then.
Well, it seem like is was originally, but isn't now and hasn't been at date of publication.
Edit:
> The initial QUIC protocol was designed by Jim Roskind at Google and was initially implemented in 2012, announced publicly to the world in 2013 when Google's experimentation broadened.
> Back then, QUIC was still claimed to be an acronym for "Quick UDP Internet Connections", but that has been dropped since then.
from https://http3-explained.haxx.se/en/proc