Tether EURt (EURT) Feed: Events, News & Roadmap
Tether EURt Events on the Chart
What is Tether EURt?
Tether Eurt (EURT) is a stablecoin pegged to the value of the euro and issued by Tether. Each EURT token is backed by one euro in the Tether reserve.
Similar to other Tether stablecoins, EURT provides users with the ability to utilize a cryptocurrency that maintains a stable value and is not subject to the volatility typically associated with traditional cryptocurrencies like BTC or ETH. This makes it useful for a range of purposes, including trading, cross-border money transfers, and as a store of value.
The primary advantage of using EURT instead of regular euros is that it leverages blockchain technology, enabling fast and cost-effective payments to be sent and received worldwide. Like other stablecoins, EURT also offers transparency as all transactions are recorded on the blockchain and can be verified publicly.