Euro Tether Price

Euro Tether is a stablecoin cryptocurrency pegged to the Euro. It was created by Tether to provide a digital representation of the Euro on blockchain networks. Euro Tether operates on the Ethereum platform as an ERC-20 token. As of 2025-08-29, Euro Tether is ranked #1674 with a price of $1.15 and a 24-hour trading volume of $17.35K. The total supply of Euro Tether is 50M EURT, with 5.19M EURT in circulation. However, Tether announced in November 2025 that Euro Tether will be discontinued due to regulatory challenges and low adoption. Users have until November 27, 2026 to exchange their Euro Tether tokens for euros or other assets before the token is completely phased out. If you hold Euro Tether, it's important to exchange it for traditional euros or other cryptocurrencies before the discontinuation date.

Euro Tether was created on March 21, 2015. It is a fully euro-collateralized stablecoin issued by Tether. As of 2025-08-29, Euro Tether has a circulating supply of 5.19M EURT and a total supply of 50M EURT. The current price of EURT is $1.15, with a 24-hour trading volume of $17.35K. Euro Tether operates on the Ethereum blockchain and is designed to maintain a stable value pegged to the euro. It provides users with a digital asset that combines the stability of the euro with the efficiency and transparency of blockchain technology.

The founders of Euro Tether are Craig Sellars, Brock Pierce, and Reeve Collins. They developed the project under the company Tether, which is based in Hong Kong. These three individuals have extensive backgrounds in technology, entertainment, and cryptocurrency initiatives. Tether, the parent company behind Euro Tether, was established to create stablecoins pegged to various fiat currencies, including the euro. The founders' vision was to provide a bridge between traditional finance and the cryptocurrency world, offering a stable digital asset that maintains a 1:1 ratio with the euro. Since its launch in 2015, Euro Tether has become an important player in the stablecoin market, particularly for euro-denominated transactions in the crypto space.

Euro Tether operates as a stablecoin on the Ethereum blockchain. It's an ERC-20 token designed to maintain a 1:1 peg with the Euro. Here's how it works: 1. Users deposit Euros into Tether's platform. 2. Tether mints an equivalent amount of EURT tokens. 3. These tokens can be traded on various cryptocurrency exchanges. 4. EURT can be redeemed for Euros at any time. The current price of EURT is $1.15, with a 24-hour trading volume of $17.35K. Its market cap stands at $5.98M, ranking 1674 among all cryptocurrencies. There are 5.19M EURT EURT tokens in circulation, with a total supply of 50M EURT. EURT provides a bridge between traditional fiat currency and the crypto world, offering stability in the volatile crypto market. It's particularly useful for traders looking to hedge against market fluctuations or move funds quickly without converting to fiat. As of 2025-08-29, EURT continues to play a significant role in the stablecoin ecosystem, facilitating Euro-denominated transactions in the cryptocurrency space.

Euro Tether operates on a decentralized network and is designed to maintain a 1:1 peg with the Euro. As a stablecoin, it utilizes blockchain technology to ensure transparency and security. Euro Tether is built on the Ethereum platform, leveraging its smart contract capabilities for issuance and transactions. The technical architecture of Euro Tether includes: 1. ERC-20 token standard: Euro Tether follows the ERC-20 standard, allowing for seamless integration with Ethereum-based wallets and exchanges. 2. Proof-of-Reserve: Euro Tether employs a Proof-of-Reserve system to verify that the tokens are fully backed by Euro reserves. 3. Smart contract implementation: The Euro Tether smart contract manages token issuance, transfers, and redemptions. 4. Multi-signature security: Critical operations require multiple authorized signatures to enhance security. 5. Transparent ledger: All transactions are recorded on the Ethereum blockchain, ensuring full transparency. 6. Auditing mechanisms: Regular audits are conducted to verify the Euro reserves backing Euro Tether. This architecture enables Euro Tether to maintain stability, security, and transparency while providing users with a Euro-pegged digital asset for various financial applications in the cryptocurrency ecosystem.

The future of Euro Tether looks promising, with a clear roadmap focused on enhancing its position as a leading stablecoin. By 2026, Euro Tether aims to expand its presence across multiple blockchain networks, improving interoperability and accessibility. The team plans to introduce advanced security features and implement faster transaction processing by 2027. Looking ahead to 2030, Euro Tether envisions becoming a primary medium for cross-border transactions and e-commerce payments in the Eurozone. The long-term goal is to achieve widespread adoption in both traditional finance and decentralized finance (DeFi) ecosystems by 2035. With a current circulating supply of 5.19M EURT and a market cap of $5.98M, Euro Tether is well-positioned to grow alongside the expanding digital economy. The development team is committed to maintaining the 1:1 peg to the Euro while exploring innovative use cases in emerging Web3 technologies.