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Tether Discontinues EURT Stablecoin, Here's Why

source-logo  coingape.com 3 h

Tether, the biggest stablecoin provider, has declared that it will no longer provide support for its euro-backed stablecoin, EURT. The company, however, noted that it had stopped minting EURT in 2022 and that holders of the token should redeem it by November 27, 2025. This move is consistent with the company’s decision to review its products based on the regulatory requirement.

coingape.com