2024, Tether discontinued EURT, their euro-backed stablecoin. The corporation is reviewing its stablecoin products due to changing worldwide rules. This initiative is part of a deliberate movement toward regulatory compliance, particularly with the EU’s MiCA framework.Tether’s decision to terminate EURT shows its dedication to fulfilling fast changing regulatory requirements while providing users with more safe and compliant options.Tether, the largest stablecoin issuer, discontinued EURT. This decision followed regulatory demands and a firm strategy shift. Since Tether stopped minting EURT tokens in 2022, holders have until November 27, 2025, to redeem them. MiCA (Markets in Crypto-Assets Regulation) is tightening in Europe, which supports this strategy.
Rise of EURQ and USDQ
Tether has decided to discontinue EURT as part of its transition to stablecoins that are more compliant with legislation. The move also aligns with broader trends within the industry, as many exchanges and platforms are delisting non-MiCA-compliant stablecoins. Tether’s shift to EURQ and USDQ represents not just a compliance measure, but also a strategic response to the growing need for well-regulated, secure stablecoins that can operate seamlessly within the European Union.
This transition highlights the ongoing adjustments that cryptocurrency platforms must make in response to rapidly changing regulatory environments, particularly in Europe. For users of EURT, it’s crucial to act before the redemption deadline, while keeping an eye on the emerging stablecoins that could dominate the market in the years ahead.
Tether Discontinues EURT Stablecoin
Euro-backed stablecoin EURT will no longer be produced or traded by Tether. Due to shifting global regulations, the company is reviewing its stablecoin offerings. After Tether stopped making EURT coins in 2022, the business has advised clients to sell before November 27, 2025. This modification is part of an effort to comply with EU rules, particularly the Markets in Crypto-Assets Regulation (MiCA). Due to stricter crypto laws, Tether will prioritize stablecoins like EURQ and USDQ.
Tether intends to strengthen its global stablecoin position and increase EU transaction security and efficiency by working with Quantoz Payments to generate MiCA-compliant tokens. This shift reflects the industry-wide trend toward regulatory compliance and answers other exchanges delisting non-compliant stablecoins. Tether’s termination of EURT shows its commitment to offering safer and more compliant options in response to changing regulations.
Tether Ends EURT Support
The company stressed that there will be no new issuance requests for EURT since the minting of the same ceased in 2022 . The move is part of Tether’s strategic shift to focus on projects that are more relevant to changing regulatory environments.
Mica, the EU’s regulation that tightens compliance with crypto assets, is the one that caused the cessation. When faced with this challenge, Tether has developed MiCA-compliant stablecoins like as EURQ and USDQ. The Hadron platform, developed by Tether and used by Quantoz Payments, ensures the efficiency and compliance of digital assets and is the engine that drives these coins. Tether’s move to EURQ and USDQ demonstrates its commitment to dominating stablecoins while adapting to the rapidly shifting regulatory environment.
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Conclusion
Tether will drop EURT to adapt to EU legislation. Tether’s MICA-compliant stablecoins include EURQ and USDQ. Tether is focusing on MiCA-compliant tokens and terminating EURT to be secure and relevant in a changing environment. Compliance with standards is crucial to bitcoin growth and trust, thus the change represents a larger trend. Tether developed EURQ and USDQ to strengthen its stablecoin industry leadership and adapt to changing regulations, giving users more reliable and compliant options.
