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Tether EURt price

Tether EURt priceEURt

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Price of Tether EURt today

The live price of Tether EURt is $1.05 per (EURt / USD) today with a current market cap of $38.04M USD. The 24-hour trading volume is $1.01M USD. EURt to USD price is updated in real time. Tether EURt is 1.03% in the last 24 hours. It has a circulating supply of 36,387,340 .

What is the highest price of EURt?

EURt has an all-time high (ATH) of $1.59, recorded on 2021-11-17.

What is the lowest price of EURt?

EURt has an all-time low (ATL) of $0.9549, recorded on 2022-09-28.
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Tether EURt price prediction

What will the price of EURt be in 2025?

Based on EURt's historical price performance prediction model, the price of EURt is projected to reach $1.21 in 2025.

What will the price of EURt be in 2030?

In 2030, the EURt price is expected to change by -3.00%. By the end of 2030, the EURt price is projected to reach $2, with a cumulative ROI of +93.64%.

Tether EURt price history (USD)

The price of Tether EURt is -4.26% over the last year. The highest price of EURT in USD in the last year was $1.18 and the lowest price of EURT in USD in the last year was $1.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+1.03%$1.03$1.05
7d+0.06%$1.03$1.05
30d+0.26%$1.03$1.07
90d-4.45%$1.03$1.11
1y-4.26%$1$1.18
All-time-11.59%$0.9549(2022-09-28, 2 years ago )$1.59(2021-11-17, 3 years ago )

Tether EURt market information

Market cap
$38,042,295.22
+1.03%
Fully diluted market cap
$52,275,817.09
+1.03%
Volume (24h)
$1,006,285.92
-10.55%
Market rankings
Circulation rate
72.00%
24h volume / market cap
2.64%
Circulating supply
36,387,340 EURt
Total supply / Max supply
50,001,660.54 EURt
-- EURt
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Tether EURt ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

About Tether EURt (EURt)

What Is Tether EURt?

Tether EURt, or EURt, is a stablecoin that is pegged to the Euro at the rate of 1:1 and is issued by the stablecoin giant Tether. This platform was designed to simplify the use of traditional currencies in a digital format, marking a modern shift in the conventional finance system. The Tether EURt was launched in 2016, making it the second product of the Tether organization. Initially, EURt did not gain much traction but saw increased popularity after being listed on major exchanges towards the end of 2022 and the beginning of 2023. It is now available on both the Ethereum and Bitcoin blockchains.

Resources

Whitepaper: https://tether.to/en/whitepaper/

Official Website: https://tether.to/en/

How Does Tether EURt Work?

Tether EURt operates in a manner similar to other Tether stablecoins. Its reserve is backed by real money and assets, ensuring that for every EURt issued, there is an equivalent Euro value in Tether’s possession. The supply of Tether EURt is regulated through minting and burning mechanisms, based on market demands and the reserves of Tether. This process is managed by Tether Limited, which is responsible for minting and burning Tether tokens in line with the reserves they hold.

What Is EURt Token?

The EURt token is a digital representation of the Euro, pegged one-to-one to the fiat currency. It allows users to access a robust infrastructure of asset-backed monies. Stablecoins like EURt are utilized for various purposes, including leverage trading, circumventing traditional financial barriers, dealing with hyperinflation in failing economies, sending money across borders without bureaucratic hurdles, and buying and selling assets on various exchanges and blockchain-based platforms.

The total supply of EURt is not capped as it is changed based on market demands and the reserves of Tether. EURt’s current circulating supply as of November 2023 is 50,001,661.

What Determines Tether EURt’s Price?

The price of Tether EURt (EURt) is primarily determined by its peg to the Euro, adhering to a 1:1 ratio. This means that the value of one EURt is always equivalent to one Euro. This pegging is a fundamental aspect of stablecoins, distinguishing them from other cryptocurrencies that often experience significant price volatility. The stability of EURt's price is maintained through a balance of supply and demand, regulated by Tether Limited. When demand for EURt increases, more tokens are minted, and conversely, tokens are burned when the demand decreases. This mechanism ensures that the supply of EURt in circulation is always backed by an equivalent amount of Euros in reserve, thereby stabilizing its price.

In the broader context of the cryptocurrency and blockchain market, the trust and transparency of Tether's operations play a crucial role in maintaining EURt's price stability. The confidence of users and investors in Tether's ability to provide a one-to-one backing with the Euro is essential. This confidence is bolstered by Tether's implementation of Proof of Reserves (PoR), which involves independent audits to verify that the digital tokens in circulation are fully backed by a reserve of underlying assets. Additionally, the overall market conditions, regulatory environment, and the health of the Eurozone economy can indirectly influence EURt's price, as these factors affect the Euro's strength and, consequently, the confidence in assets pegged to it.

For those interested in investing or trading Tether EURt, one might wonder: Where to buy EURt? You can purchase EURt on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

How to buy Tether EURt(EURt)

Create Your Free Bitget Account

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Buy Tether EURt (EURt)

Buy Tether EURt (EURt)

Use a variety of payment options to buy Tether EURt on Bitget. We'll show you how.

Trade EURt perpetual futures

After having successfully signed up on Bitget and purchased USDT or EURt tokens, you can start trading derivatives, including EURt futures and margin trading to increase your income.

The current price of EURt is $1.05, with a 24h price change of +1.03%. Traders can profit by either going long or short onEURt futures.

Join EURt copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or EURt tokens, you can also start copy trading by following elite traders.

Tether EURt news

Tether To Open Access to Its RWA Tokenization Platform Hadron
Tether To Open Access to Its RWA Tokenization Platform Hadron

Tether’s Hadron platform will soon provide RWA tokenization services via APIs for institutions. The firm also doubles down on its European market strategy amid regulatory hurdles.

BeInCrypto2024-12-17 11:46
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FAQ

What is the current price of Tether EURt?

The live price of Tether EURt is $1.05 per (EURt/USD) with a current market cap of $38,042,295.22 USD. Tether EURt's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Tether EURt's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Tether EURt?

Over the last 24 hours, the trading volume of Tether EURt is $1.01M.

What is the all-time high of Tether EURt?

The all-time high of Tether EURt is $1.59. This all-time high is highest price for Tether EURt since it was launched.

Can I buy Tether EURt on Bitget?

Yes, Tether EURt is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Euro Tether guide.

Can I get a steady income from investing in Tether EURt?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Tether EURt with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Tether EURt (EURt)?

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Cryptocurrency investments, including buying Tether EURt online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Tether EURt, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Tether EURt purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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1 EURt = 1.05 USD
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Bitget Insights

holiest
holiest
2024/11/28 09:36
Tether has announced that it's discontinuing its Euro-pegged stablecoin, EURT, due to the evolving European regulatory landscape. This means that no new EURT will be minted, and users are advised to redeem their existing EURT holdings within the next year, by November 27, 2025. The decision to discontinue EURT is largely driven by the challenging regulatory environment in Europe. Tether cited the European Union's regulatory framework as lacking stability and innovation-fostering qualities, making it difficult to support the growth of euro-backed stablecoins. Instead, Tether is shifting its focus to supporting projects that comply with the EU's Markets in Crypto-Assets Regulation (MiCAR). One such project is Quantoz Payments' EURQ and USDQ, which are stablecoins powered by Tether's Hadron technology platform If you're holding EURT, it's essential to take action and redeem your tokens within the given timeframe to avoid any potential losses.
THE+2.83%
ONE+7.21%
connectwithjojo
connectwithjojo
2024/11/28 07:30
Tether Says Goodbye to EURT: Here's the Scoop
Tether, the company behind the world’s leading stablecoin, USDT, has decided to pull the plug on its Euro-pegged stablecoin, EURT. No more EURT minting from here on out. This move comes as Tether tries to stay ahead of the curve with all the evolving rules and regulations in Europe’s crypto space. Tether says the decision is all about adapting to Europe’s increasingly complex regulatory environment. The European Union has been stepping up its game with stricter rules around cryptocurrencies and digital assets, and Tether apparently decided it’s better to focus its energy elsewhere. While EURT might have had its niche fans, it’s clear Tether is streamlining its offerings and doubling down on what works best for them in this ever-changing crypto world. If you’re holding EURT, don’t panic. Tether’s team has assured users that they'll be able to redeem their tokens without any hiccups. This isn’t about abandoning its users; it’s more about fine-tuning their approach in a tricky market. For Tether, this shift seems like a smart strategic pivot. Europe’s regulatory frameworks can be pretty demanding, and it makes sense for companies to adapt rather than risk being left behind. As for EURT, it’s been a solid player in Tether’s lineup, but like they say, all good things must come to an end. Tether’s focus on innovation and compliance means we’ll probably see more adjustments in the future.
SPACE+0.24%
UP+1.08%
BGUSER-ZQCZ450F
BGUSER-ZQCZ450F
2024/10/01 11:33
Bitget Privacy Notice | Bitget https://www.bitget.com/support/articles/360015150651$EURT
Christofah
Christofah
2024/08/22 15:49
Tether to Launch UAE Dirham-Pegged Stablecoin
Tether has announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). The development of this stablecoin will involve a partnership with Phoenix Group PLC, a technology company based in the UAE, and will also be supported by Green Acorn Investments Ltd. The Dirham-pegged token will expand Tether’s current range of stablecoins, which includes USDt, EURT, CNHT, MXNT, XAUT, and aUSDT.  Tether intends to seek licensing for this stablecoin under the UAE Central Bank’s newly introduced Payment Token Services Regulation. This stablecoin will represent the value of the UAE Dirham and will be backed by liquid reserves held within the UAE.  Tether has indicated that the token will adhere to its existing reserve and transparency practices to maintain stability by directly linking the token’s value to the AED. The Dirham-pegged stablecoin is intended to facilitate international trade and remittances by offering a cost-effective method of transacting in AED.  It is also expected to help reduce transaction fees and potentially provide protection against currency fluctuations. Tether's CEO, Paolo Ardoino, commented on the significance of this move, highlighting the economic growth of the UAE.  The company views this stablecoin as a potential tool for businesses and individuals involved in cross-border payments, trading, or digital asset diversification. The global market for stablecoins is currently valued at approximately $150 billion, with Tether’s USDt comprising more than $115 billion of this market. Projections indicate that the industry could grow to $2.8 trillion by 2028.  In the UAE, Bitcoin and cryptocurrency adoption has been increasing, driven by the establishment of the Virtual Asset Regulatory Authority, a regulatory body focused on Bitcoin and crypto assets.  This framework has positioned cities like Dubai and Abu Dhabi as significant players in the global digital asset sectors. Seyedmohammad Alizadehfard, Co-Founder and Group CEO of Phoenix Group, expressed a positive outlook on the collaboration with Tether, noting the potential benefits for the digital economy in the region.  He also pointed to Abu Dhabi’s regulatory environment as a conducive setting for the launch of this stablecoin.
VIRTUAL+6.31%
BITCOIN+2.37%
Arnold-drizzy
Arnold-drizzy
2024/08/12 18:42
What happened to the loan?
In 2020, Celsius entered into an agreement with Tether to borrow stablecoins USDT and EURT at low interest rates. At its peak, Celsius had over $2 billion in loans from Tether, secured by a significant amount of Bitcoin as collateral. Amid the Bitcoin crash in mid-2022, the crypto lender’s collateral was at liquidation risk. According to the agreement, the company was required to provide additional collateral. Celsius claims that Tether acted in bad faith by hastily liquidating a significant amount of cryptocurrency and breaching the terms of the agreement. The document says this ultimately led to financial difficulties and bankruptcy for the company. Celsius’s lawsuit’s main goal is to return the Bitcoin assets, which the crypto lender claims were sold below market value and with numerous violations
BITCOIN+2.37%
BAD+1.87%

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