:$EURT
İmportant ⚠️
EURT depeg.
The main reasons for the depeg are:
Tether's Decision to Discontinue EURT:
Tether announced it would end support for EURT in November 2024. New EURT issuance had already stopped since 2022, and tokens can be redeemed until November 27, 2026. This decision was made due to MiCA regulations (Markets in Crypto-Assets Regulation) in Europe – Tether did not obtain the necessary licenses for MiCA compliance, and the cost/benefit balance was not suitable for EURT.
Low Demand and Liquidity:
EURT's market capitalization has never been high (highest ~500 million USD, curr
İmportant ⚠️
EURT depeg.
The main reasons for the depeg are:
Tether's Decision to Discontinue EURT:
Tether announced it would end support for EURT in November 2024. New EURT issuance had already stopped since 2022, and tokens can be redeemed until November 27, 2026. This decision was made due to MiCA regulations (Markets in Crypto-Assets Regulation) in Europe – Tether did not obtain the necessary licenses for MiCA compliance, and the cost/benefit balance was not suitable for EURT.
Low Demand and Liquidity:
EURT's market capitalization has never been high (highest ~500 million USD, curr
EURT-13.52%
:
