by Tether Operations Limited
Quick Fact
Tether EURt (EURt) is a stablecoin pegged to the value of the Euro, designed to provide stability within the volatile crypto market.
Tether EURt (EURt) is a Euro-backed stablecoin that mirrors the value of the Euro, offering stability in an otherwise volatile digital economy. Issued by Tether Limited, EURt is fully collateralized by Euro reserves, ensuring that each token holds the equivalent value of one Euro. This stablecoin provides a practical solution for those who want to engage in digital transactions, trading, and other blockchain activities while maintaining the consistent value of fiat currency.
Tether EURt maintains a 1:1 peg with the Euro, providing users with a stable digital asset that protects against the typical fluctuations seen in other cryptocurrencies. It allows for secure transactions and financial management within the crypto space.
EURt can be used for a variety of purposes, from trading on exchanges to making payments or holding it as a store of value. It serves as a bridge for users who want to engage in decentralized finance (DeFi) while mitigating risks associated with volatility.
As part of the Tether family, EURt benefits from the same robust security and transparency standards applied to other Tether stablecoins. Tether Limited publishes regular attestations to ensure that the token is fully backed by its Euro reserves, offering peace of mind to users.
EURt is supported on major blockchain platforms, enabling its use in various decentralized applications (dApps), trading pairs, and liquidity pools.