Tether will discontinue its Euro-pegged stablecoin, EURT, citing evolving European regulations. EURT holders have until November 27, 2025, to redeem their tokens.
EURT, the stablecoin that is anchored to the Euro, has been terminated by Tether. Holders of EURT will have until November 27, 2025, to redeem their tokens, as Tether has discontinued support for the product as a result of changes in the European regulatory environment, according to the company’s announcement. This decision affects all EURT tokens on all blockchains.
Paolo Ardoino, the CEO of Tether, expressed his thoughts on his X account, stating,
“Tether’s decision to delist EURT has not been taken lightly, but until a more risk-averse regulatory framework in Europe is in place—one that fosters innovation, offers the stability and protection our users deserve and avoids potential banking systemic risks—we have chosen to prioritize other initiatives.”
The EURT market capitalization was $38.3 million prior to the announcement. According to Defillama, this constituted a negligible portion of Tether’s total stablecoin market capitalization, which exceeds 133 billion. The coin’s adoption rate was considerably lower than that of Tether’s USDT.
In the future, Tether will concentrate on new initiatives in the EU region, including the introduction of EURQ and USDQ, two innovative stablecoins from Quantoz Payments that are compliant with the markets in crypto assets regulation (MiCAR). These stablecoins will be powered by Tether’s technology solution, Hadron by Tether.
Tether’s Hadron software streamlines the issuance process and offers a robust blockchain interface, compliance, and anti-money laundering (AML) capabilities for continuous management. This enables issuers to effortlessly create and administrate stablecoins.. Hadron by Tether simplifies the tokenization process for a diverse array of assets, such as equities, bonds, stablecoins, loyalty points, and more.
