Tether to Cease EUR₮ Stablecoin Amid Regulatory Shifts in Europe

Tether confirmed that EURT redemption services will end by Nov. 27, 2025, marking a complete withdrawal from euro-pegged stablecoin operations following halted issuance in 2022.

USDT

Summary

Tether has announced it will end EURT redemption services across all supported blockchains by November 27, 2025. The company has already ceased EURT minting, with the last purchase processed in 2022, following its decision last year to halt issuance due to the European regulatory environment. This move finalizes Tether’s exit from euro-pegged stablecoin operations.

Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value by pegging it to a reserve asset such as fiat currency.
  • EUR₮: A euro-pegged stablecoin issued by Tether, intended to maintain parity with the European currency.
  • Blockchain: A decentralized digital ledger that records transactions across a network of computers.