There is an equivalent tool, namely [Rectangles, Ovals, Diamonds][1], in the "QGIS's Toolbox <kbd>Ctrl+Alt+T</kbd> > Vector geometry".



  [1]: https://docs.qgis.org/3.10/en/docs/user_manual/processing_algs/qgis/vectorgeometry.html#rectangles-ovals-diamonds-variable