Tether Waves Goodbye to EUR₮: Euro Stablecoin Support Ends
On November 27, Tether has announced it will no longer support EUR₮ EURT $1.05 , its euro-backed stablecoin. The company has urged users to redeem their EUR₮ holdings within a year, with the final date for redemptions set for November 25, 2025
On November 27, Tether has announced it will no longer support EUR₮ EURT $1.05 , its euro-backed stablecoin. The company has urged users to redeem their EUR₮ holdings within a year, with the final date for redemptions set for November 25, 2025. Tether confirmed that it has ceased minting EUR₮ across all blockchains. The firm clarified that the last request to acquire EUR₮ was fulfilled in 2022, and no new issuance requests will be processed.
