About Tether EURt

Euro Tether (EURt) is a stablecoin pegged one-to-one to the Euro, created as part of the Tether ecosystem. Launched in 2014, Tether offers a platform that combines the stability of traditional currency with blockchain innovation. Each Tether token is fully backed by reserves and pegged to its respective fiat currency. Users can acquire Tether tokens by depositing fiat into Tether’s bank accounts, after which equivalent tokens are issued minus fees. These tokens can be stored, traded, or transferred like other cryptocurrencies. They can also be redeemed for fiat currency through tether.to. Only Tether can issue or redeem tokens, ensuring transparency with daily reserve reports and independent audits. EURt can be used across various blockchain networks for activities like GameFi, DeFi, tradi...