The news is official: yesterday Tether announced that it has stopped issuing EURT.
EURT is the stablecoin pegged to the euro issued by Tether, and it has nothing to do with USDT, which is also issued by Tether, but pegged to the US dollar.
Therefore, from now on, the new requests for the issuance of EURT are no longer processed by Tether.
Tether and the stablecoin EURT
EURT is a fully euro-collateralized stablecoin created by Tether in 2020 (USDT is from 2014).
Up to today, just over 25 million EURT tokens have been issued, almost all on Ethereum.
Its market capitalization is therefore about 25 million euros, equivalent to less than 27 million dollars.
It is therefore a minor stablecoin, so much so that it is even only in fourth place in the world among euro stablecoins. In first position, by market capitalization, there is Stasis Euro (EURS) with 130 million.
In other words, EURT has not been successful, neither among the stablecoins in euro, nor in comparison wit
We współpracy z: https://en.cryptonomist.ch/2024/11/28/tether-stops-issuing-eurt-heres-what-to-do/
